What Is an Operating Budget

question 50

Multiple Choice

What is an operating budget?

• A) A measure of how much percentage profit a company is earning on sales
• B) The result of dividing a company's operating profit by sales revenues
• C) The amount an organization has left after all the costs of making the product and running the business have been deducted
• D) Specification of the functional goals that the managers of different functions need to achieve
• E) A blueprint that states how managers intend to use organizational resources to achieve organizational goals efficiently

---

Definitions:

Cultural Differences

Cultural Differences are variations in the ways of life, beliefs, norms, and behaviors among different groups of people, often influencing perceptions, actions, and interactions.

Chronic Illness

A long-lasting health condition that can be controlled but not cured, often requiring ongoing management and care.

Facing Death

The process or act of dealing with the prospect of dying or the end of life, which can involve emotional, psychological, spiritual, and practical aspects.

Health Psychologists

Experts focused on analyzing the way mental, behavioral, and societal influences affect bodily health and sickness.