Which of the Following Budgets Focuses on the Income Statement

question 59

Multiple Choice

Which of the following budgets focuses on the income statement and its supporting schedules?

• A)the operating budget
• B)the cash budget
• C)the capital expenditures budget
• D)the sales budget

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Definitions:

HR Costs

The expenses related to managing an organization's human resources, including salaries, benefits, training, and recruitment.

Contingency Planning

The process of preparing for potential future events or emergencies to ensure effective responses.

Program Details

Specific information regarding the structure, components, and requirements of a particular program or initiative.

HR Forecasting

A strategic approach used by HR departments to anticipate future business demands for the workforce, ensuring the right number of people with the right skills are available when needed.