Question

Select the one budget below that is not an operating budget.

a. Cost of goods sold budget
b. Cash budget
c. Production budget
d. Overhead budget
e. All of these choices are operating budgets

Answer 1

The answer is a. Cost of goods sold budget.

Step-by-step explanation:

The answer is a. Cost of goods sold budget.

An operating budget is a budget that includes the projected revenue and costs directly related to the day-to-day operations of a business. The cost of goods sold budget, production budget, and overhead budget are all examples of operating budgets because they are directly related to the production and sale of goods or services. The cash budget, on the other hand, focuses on the cash inflows and outflows of a company and is considered a financial budget rather than an operating budget.