Which of the Following Is Not a Component of the Operating

question 10

Multiple Choice

Which of the following is not a component of the operating budget?

• A)Budgeted balance sheet
• B)Sales budget
• C)Selling and administrative budget
• D)Direct materials purchases budget

---

Definitions:

Unemployment Compensation

A state government transfer program that pays cash benefits for a certain period of time to laid-off workers who have worked for a specified period of time for a covered employer.

Assistance Program

A governmental or organizational initiative designed to provide support, financial or otherwise, to individuals or groups in need.

Poverty Line

The minimum level of income deemed adequate in a particular country to sustain a standard of living.

Equitable Hourly Income

The concept of ensuring fair and just wages for hours worked, considering factors like skill level, job difficulty, and market rates.