Final answer:
The Operating Budget is used for daily operations and general expenses such as salaries in an ambulatory surgery center. It is critical for managing cash flow and ensuring short-term expenses are covered.
Step-by-step explanation:
The type of budget that is used for daily operations and general expenses, such as salaries associated with an ambulatory surgery center, is the Operating Budget. An operating budget outlines the day-to-day expenses and income of an organization. It includes costs like salaries, utilities, and office supplies, as well as projected revenues from normal business activities. This budget is essential for managing cash flow and ensuring that the organization can cover its short-term costs. In contrast, a Master Budget includes all of the subsidiary budgets of an organization, a Capital Budget is used for planning and sourcing expenses related to capital assets, and the Cash Balance Budget focuses on cash inflows and outflows with the aim of maintaining a positive cash balance.