Question

Operating budgets are a.a forecast of operating expenses and related revenues. b.a forecast of units of production. c.concerned with the income-generating activities of a firm. d.a forecast of expected operating expenses.

Answer 1

c.concerned with the income-generating activities of a firm.

Step-by-step explanation:

An operating budget -

It refers to the activity of forecasting the expenses and revenues of the future , is known as operating budget .

An operating budget is prepared prior an year in order to show all the expected activities for the complete year in a concise manner .

It also enables to give the complete information of the resources including the reimbursable work or services .

Hence , from the given information of the question ,

The correct answer is c.