focused statement
slack statement
budgeted income statement
operating budget
✅ The correct answer is D.
Budgeted income statement and supporting budget schedules are categorized under operating budget. An operating budget is a forecast of the revenues and expenses expected for one or more future periods.
Budgeted income statement and supporting budget schedules are categorized under operating budget. An operating budget is a forecast of the revenues and expenses expected for one or more future periods.