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Exam IIA-CIA-Part3 All Questions

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Exam IIA-CIA-Part3 topic 2 question 108 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 108
Topic #: 2
[All IIA-CIA-Part3 Questions]

Which of the following types of budgets will best provide the basis for evaluating the organization's performance?

  • A. Cash budget.
  • B. Budgeted balance sheet.
  • C. Selling and administrative expense budget.
  • D. Budgeted income statement.
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Suggested Answer: D 🗳️

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emtofid
1 month ago
Selected Answer: D
This budget reflects the anticipated revenues and expenses, giving a comprehensive overview of the expected profitability and financial performance of the organization. By comparing the actual results with the budgeted figures, management can assess how well the organization is performing against its financial goals.
upvoted 1 times
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ZoeLee
5 months, 2 weeks ago
Selected Answer: D
D is the right answer.
upvoted 1 times
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Elvin
7 months ago
Selected Answer: D
I think it should be D. Income statement
upvoted 3 times
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