- 1 Marks
Question
The following are functional budgets EXCEPT:
A. Sales budget
B. Production budget
C. Distribution budget
D. Cash budget
E. Selling cost budget
Answer
Answer:
D. Cash budget
Explanation:
Functional budgets are specific budgets that relate to different functions or departments within an organization, such as sales, production, and distribution. The cash budget, however, is a financial budget, not a functional one. It focuses on the inflows and outflows of cash within the business, rather than on a specific function or department. Therefore, the cash budget is not considered a functional budget.
- Tags: Cash Budget, Distribution Budget, Functional Budgets, Production Budget, Sales Budget, Selling Cost
- Level: Level 1
- Uploader: Joseph