Which of the following is among the four principal types of budgets?
QUESTION
Which of the following is among the four principal types of budgets?
A) forecasting budget
B) long-term budget
C) short-term budget
D) capital budget
E) discretionary budget
ANSWER
Answer: D
Explanation: D) The four principal types of budgets are operating budgets, capital budgets, cash budgets, and master budgets.
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