Answered

Of the following items, which one is not obtained from an individual operating budget? Selling and administrative expenses Sales Accounts receivable Cost of goods sold

Answer :

Answer:

Accounts receivable

Explanation:

An individual operating budget is a budget that contains the expectations of a business on its daily operational activities.

The individual operating budget contains expectations of its :

  •  sales
  • manufacturing costs
  • selling expenses
  • general and administrative expenses

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