All of the following are operating budgets except:Multiple choice question.merchandising budgetselling expenses budgetproduction budgetsales budget
Question
Solution 1
The correct answer is: merchandising budget.
Here's why:
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Selling Expenses Budget: This is an operating budget. It estimates the selling expenses during a period. These expenses can include salaries, commissions, travel, advertising, and other costs related to the sales department.
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