Asked by Griselle Gomez on Jun 14, 2024

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Operating budgets include all the following budgets except the:

A) Sales budget.
B) Selling expense budget.
C) Cash budget.
D) Production budget.
E) General and administrative expense budget.

Operating Budgets

Operating budgets are detailed projections that outline the expected income and expenditures related to the day-to-day operations of a business for a specific period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, helping organizations to manage cash flow and assess liquidity needs.

Sales Budget

An estimate of future sales, often broken down into volume and price, that serves as a guide for a company's sales strategies and financial planning.

  • Differentiate between operating and non-operating budgets in the context of an organization's budgeting procedure.
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DK
Daisy KarekeziJun 21, 2024
Final Answer :
C
Explanation :
Operating budgets include sales budget, selling expense budget, production budget, and general and administrative expense budget. However, the cash budget is not an operating budget, but rather a financial budget that shows the predicted cash inflows and outflows for a specific period.