Question

What is the key to the entire operating budget?

Answer 1

A budget that has been prepared only once prior to the budget period is called a: single-period budget. Operating expenses are best budgeted on the basis of knowledge about: cost behavior patterns.

Answer 2

Answer:The key to the entire operating budget is the operating forecast.

Explanation: It determines how much output the firm must supply or how much the future profit will likely to be accumulated.