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:

Probability

The determination of the possibility that an event will happen, quantified between 0 and 1.

Expected Utility

A theory in economics that calculates the utility of an entity based on the probabilistic outcomes of its choices.

Probability

A numerical expression between 0 and 1 that quantifies the probability of an event happening.

Expected Total Utility

The anticipated satisfaction or benefit a consumer will derive from the consumption of goods or services.