Various Budgets Can Be Produced for Planning and Evaluating Performance

Multiple Choice

Various budgets can be produced for planning and evaluating performance within an organization.The operating budget

A) compares estimated cash flows from operations with planned expenditures.
B) shows cash inflows and outflows for each project.
C) depicts planned revenues and expenditures for each organizational unit.
D) is used for the purchase and retirement of property,plant,and equipment.