Question

Budgeted financial statements include: (Check all that apply). Multiple select question. budgeted income statement sales budget budgeted balance sheet cash budget selling expense budget

Answer 1

Budgeted financial statements include the budgeted income statement, sales budget, budgeted balance sheet, and cash budget.

Step-by-step explanation:

Budgeted financial statements include the following:

Budgeted income statement: This statement projects the expected revenue, expenses, and net income for a specific period of time.

Sales budget: This budget outlines the expected sales volume and revenue for a given period.

Budgeted balance sheet: This statement shows the projected financial position of a company, including its assets, liabilities, and equity, at a particular date.

Cash budget: This budget forecasts the expected cash inflows and outflows during a specific period, helping the company manage its liquidity.

Therefore, the correct options for the question are: budgeted income statement, sales budget, budgeted balance sheet, and cash budget.