Vidyalelo
Commerce · Q572

Costing

Graduate and Post Graduate · Commerce · question 572

Q572

starting point in operating budget is

A.
cost budget
B.
material list
C.
revenue budget
Answer
D.
list of investors

Answer: Option C

Solution

Answer: Option C
Solution:
Starting point in operating budget is revenue budget. Revenue budgets are forecasts of a company's sales revenues and expenditures, including capital-related expenditures.