Answer:
Operating budgets does not include the budgeted balance sheet.
The budgeted balance sheet is not included in an Operating budgets.
The operating budget refers to a financial forecast of the revenues and expenses that is expected for future periods.
An budgeted income statement, sales budget and inventory budget are included in the operating budget.
Therefore, the Option C is correct.
Missing options "A) budgeted income statement
B) sales budget
C) budgeted balance sheet
D) inventory budget"
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