Cost And Management Accountıng Deneme Sınavı Sorusu #1399177

Which of the following is true about "Operating budgets"?


Operating budgets prevent the company from failing in the financial aspects of the company, such as the company’s income, cash flows, and financial position

Operating budgets are used to keep a balance in the financial state of the company’s plans, such as the company’s income, cash flows, and financial position

Operating budgets represent the maximum profit of the company in cash flows, and financial position

Operating budgets represent the financial aspects of the company’s plans, such as the company’s income, cash flows, and financial position

Operating budgets reflect the company’s short-term plans related to the implementation of strategic projects


Yanıt Açıklaması:

Operating budgets reflect the company’s short-term plans related to the implementation of strategic projects, and result in the preparation of budgeted income statement. The scope and the number of operating budgets may change from company to company depending on the company’s characteristics, such as company size or the types of existing operations. 

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