A typical set of budgets in an organization will include:

Question

Quizplus · Accepted Answer

A typical set of budgets in an organization will include sales budget, production budget, direct materials budget, direct labor budget, production overhead budget, distribution budget, budget income statement, capital expenditure budget, and cash budget. All of these budgets are interrelated and their effective management helps in achieving the overall objectives of the organization.

A Typical Set of Budgets in an Organization Will Include