Final answer:
The operating budget process typically concludes with the creation of the budgeted income statement, which gives a comprehensive view of the expected financial performance.
Step-by-step explanation:
The operating budget process generally concludes with the preparation of the budgeted income statement. This financial statement summarizes the company's projected revenue and expenses, reflecting the outcome of various other budget portions like the production budget, cash budget, and others.
While a production budget is essential to anticipate the manufacturing costs for the products to meet sales demand, and the cash flow statement is critical in tracking the cash expected to be received and paid out, it is the budgeted income statement that typically provides the final comprehensive outlook of the company's financial performance for the upcoming period.