Which of the Following Is NOT a Component of the Operating

question 99

Multiple Choice

Which of the following is NOT a component of the operating budget?

• A) sales budget
• B) operating expense budget
• C) capital budget
• D) budgeted income statement

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Definitions:

Foreign Currency

Money or currency used in a country other than one's own.

Physical Commodity

Tangible goods that can be traded, bought, or sold, such as oil, gold, or agricultural products.

Intrinsic Value

The inherent worth of something, regardless of its external market price.

Foreign Exchange Trades

The action of buying and selling currencies on the foreign exchange market, a crucial component for international business operations and investment.