Operating budgets include all the following budgets except the:

A. Sales budget.

B. Selling expense budget.

C. Cash budget.

D. Merchandise purchases budget.

E. General and administrative expense budget.

Answer: C. Cash budget

Explanation: Operating budget refers to the total amount of money required to keep a business running.

A sales budget refers to the amount of sales a company estimates to make.

A selling expense budget is an estimation of the total cost needed to publicize and sell a product.

A merchandise purchase budget refers to the budget a retailer allocates to procure goods and plan for the immediate future.

A general administrative expense budget refers to the administrative cost of running a business.

A cash budget refers to the monitored inflow and outflow of cash within a business.

Economics

3 years ago

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