Which of the Following Is an Operating Budget

question 83

Multiple Choice

Which of the following is an operating budget?

• A) Budgeted statement of cash flows
• B) Capital expenditures budget
• C) Budgeted income statement
• D) Cash budget

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Definitions:

Financial Control

The processes, policies, and procedures that are put in place to monitor and manage an organization's financial resources effectively.

Bankruptcy

A legal process for businesses or individuals unable to repay their outstanding debts, providing a way to resolve insolvency.

Miscellaneous Costs

Expenses that do not fit into any standard category of a budget or financial statement, often irregular or minor in size.

Business Plan

is a formal document detailing a business's objectives, strategies, financial forecasts, and market analysis.