Vidyalelo
Commerce · Q561

Costing

Graduate and Post Graduate · Commerce · question 561

Q561

Last step in developing operating budget is

A.
implementing income
B.
implementing decision
Answer
C.
efficient implementation
D.
effective implementation

Answer: Option B

Solution

Answer: Option B
Solution:
Last step in developing operating budget is implementing decision. An operating budget is a forecast of the revenues and expenses expected for one or more future periods.