What Is an Operating Budget

question 58

Multiple Choice

What is an operating budget?

• A)a measure of how much profit a company is earning on sales
• B)the actual cost of running the business for a specified time period
• C)the amount an organization has left after all the costs of making the product and running the business have been deducted
• D)the amount of money the business's owners are willing to spend during a fiscal year
• E)a blueprint that states how managers intend to use organizational resources to achieve organizational goals efficiently

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