All of the following are operating budgets except:Multiple choice question.production budgetsales budgetmerchandising budgetselling expenses budget
Question
Solution 1
The correct answer is "merchandising budget".
Here's why:
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Production Budget: This is an operating budget. It outlines the cost of direct materials, direct labor, and manufacturing overheads required to produce goods.
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Sales Budget: This is also an operating budget. It estimates future sales Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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