AHIP Exam AHM-520 Topic 5 Question 47 Discussion

Actual exam question for AHIP's AHM-520 exam

Question #: 47
Topic #: 5

Companies typically produce three types of budgets: operational budgets, cash budgets, and capital budgets. The following statements are about operational budgets. Select the answer choice containing the correct statement.

AExpense budgets, a type of operational budget, typically describe fixed expenses rather than variable expenses.

BOperational budgets can only show information by department or by line of business.

COperational budgets begin with a forecast of sales revenue and investment income.

DRevenue budgets, a type of operational budget, indicate the amount of income from operations that a company received from the previous budget period

Show Suggested Answer

Suggested Answer: C

by Joanna at May 04, 2022, 05:17 AM

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