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What is the "key" to the entire operating budget?

A. The forecast of operating activity.
B. The budgeted income statement.
C. The budgeted balance sheet.
D. The production/purchases budget.

User Tmt
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1 Answer

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Final answer:

The key to the entire operating budget is the forecast of operating activity.

Step-by-step explanation:

The key to the entire operating budget is A. The forecast of operating activity. The operating budget is a plan or forecast that details the expected revenue and expenses for a specific period of time, typically a year. It includes estimates of the financial activities such as sales, production costs, overhead expenses, and other operating costs.

User Ovidijus Parsiunas
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