Question：Which of the following is NOT a functional budget?

　　A. Production budget

　　B. Cash budget

　　C. Selling cost budget

　　D. Distribution cost budget

　　The correct answer is: Cash budget

　　A functional budget is a budget prepared for a particular function or department. A cash budget is the cash result of the planning decisions included in all the functional budgets. It is not a functional budget itself. Therefore the correct answer is cash budget.