Which of the Following Budgets Is Not an Operating Budget

question 13

Multiple Choice

Which of the following budgets is not an operating budget?

• A) Sales budget.
• B) Cash budget.
• C) General and administrative expense budget.
• D) Selling expenses budget.
• E) Merchandise purchases.

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Definitions:

Gift Certificates

Vouchers that are purchased and can be given as gifts, which the recipient can use as a payment method in the designated store or service.

Optimal Consumption

The consumption level at which an individual's utility (satisfaction) is maximized for their income or budget.

College Student

A college student is an individual engaged in post-secondary education at a college or university, typically pursuing a degree or certification.

Perfect Complements

Goods that are always used together in fixed proportions, where the utility of one item increases with the use of the other.