Which of the Following Budgets Is Not an Operating Budget

question 10

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)Production budget.

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Definitions:

General Journal

A fundamental accounting record where all transactions are initially recorded using debits and credits, before being transferred to specific accounts in the ledger.

T-Accounts

T-Accounts are a tool used in accounting to visualize credit and debit transactions for individual accounts, resembling the letter “T”.

Account Payable

An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors or suppliers.

T-Accounts

A bookkeeping tool used to visualize and manage debits and credits for individual accounts.