Answer: (A) Budgeted balance sheet and the budgeted income statement
Explanation:
Financial budget:
The financial budget is one of the type of budgeting process in which we usually predict the main expenditure and the income of the business in an organization and then on the basis of the given information or data we prepare a budget balance sheet with detail.
The main purpose of the financial related budget is that it helps in preparing a cash budget of an organization including all the liabilities and the assets of the company by proper estimation.
The financial budget is basically include the budgeted balance sheet and the budgeted income statement that deals with the all the organizational stocks, investment and the liabilities for preparing the balance sheet.
Therefore, Option (A) is correct answer.
