Operating budgets include all the following except the:

A) Sales budget.
B) Budgeted balance sheet.
C) Production budget.
D) Selling expense budget.
E) General and administrative expense budget.

Operating Budgets

Detailed projections of income and expenses associated with the day-to-day operations of a business over a certain period.

Budgeted Balance Sheet

A projection of a company’s financial position at a future date, including assets, liabilities, and equity, based on expected financial activities.

Sales Budget

An estimate of the expected sales revenue and the allocation of resources needed to achieve these sales over a specific period.