Question

An operating budget is a prediction of expected revenues and expenses and other operating and financing transactions for a future period. true or false

Answer 1

True

Step-by-step explanation:

An operating budget is a budget that forecasted the expected revenues, expenses, and other operating & financing transactions for a future period so that the company get to know how much revenues to be earned and how much the expenses to be incurred during the particular year

Hence, the given statement is true