Question

Operating budgets include all of the following budgets except the: Select one: a. Sales budget. b....

Operating budgets include all of the following budgets except the:

Select one:

a. Sales budget.

b. Selling expense budget.

c. Cash budget.

d. Merchandise purchases budget.

e. General and administrative expense budget.

Homework Answers

Answer #1

Solutions:

Operating budgets include all of the following budgets except the:

c. Cash budget.

Operating budgets are those budgets that forecast the rvenue and expenditure related to the operations that includes sales, selling expense, purchases and General and Administrative Budgets.

Whereas cash budget is constructed to assess whether the company will have sufficent cash over a period of time, it does not relate to the operations alone.

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