Which of the following budgets is used for areas of the organization that incur expenses but no revenue?
A) sales budget
B) production budget
C) cost budget
D) cash budget
E) master budget

Question

Quizplus · Accepted Answer

A cost budget is used for areas of the organization that incur expenses but no revenue, such as administrative expenses, research and development expenses, and other overhead costs. The sales budget, production budget, cash budget, and master budget all involve revenue-generating areas of the organization.

Which of the Following Budgets Is Used for Areas of the Organization