Which of the following budgets or financial statements is part of the operating budget?

Question

Quizplus · Accepted Answer

The sales budget is a part of the operating budget, as it outlines the expected sales revenue for a given period. The capital expenditures budget outlines the expected spending on long-term assets, and the budgeted balance sheet shows projected financial position at a point in time. The cash budget outlines expected cash inflows and outflows, but is not necessarily a part of the operating budget.

Which of the Following Budgets or Financial Statements Is Part