Identify Each Item as Either Part of the Operating Budget

question 85

Multiple Choice

Identify each item as either part of the operating budget or the financial budget.
-sales budget

• A)Operating Budget
• B)Financial Budget

---

Definitions:

Members

Individuals who are part of a group, organization, or body, often having specific rights or responsibilities.

Special Charter

A specific grant of authority and rights by the state to incorporate a city, corporation, or university, detailing its organization, powers, and privileges.

American Corporations

Organizations incorporated under the laws of the United States, engaging in commercial, industrial, or professional activities.

State Legislatures

The legislative bodies within each of the states in the United States, responsible for creating state laws and policies.