The Financial Budget Includes All of the Following EXCEPT The

question 90

Multiple Choice

The financial budget includes all of the following EXCEPT the:

• A)cash budget.
• B)budgeted income statement.
• C)budgeted cash flow statement.
• D)budgeted balance sheet.

---

Definitions:

Net Profit

The amount of money that remains from revenues after accounting for all costs and expenses, indicating the financial profitability of a business.

Cumulative

Pertaining to a total that increases gradually by successive additions.

Fifth Year

Referring to the fifth year in a specific time frame or plan, often used in the context of education, projects, or strategic plans.

Annual Cost

The total cost incurred by an entity over a one-year period, encompassing both fixed and variable expenses.