Which One of the Following Sets of Budgets Are Financial

question 91

Multiple Choice

Which one of the following sets of budgets are financial budgets?

• A)Budgeted balance sheet and production budget
• B)Budgeted income statement and sales budget
• C)Capital expenditure budget and cash budget
• D)Cash budget and sales budget

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Definitions:

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The interconnected system of global trade and finance that facilitates the exchange of goods, services, and capital across borders.

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