$11.$ What is the relationship between the operating budget and the financial budget?

a$.$ The operating budget focuses on long$-$term investments, while the financial budget focuses on short$-$term cash flows

b$.$ The operating budget includes day$-$to$-$day expenses, while the financial budget includes capital expenditures and financing

c$.$ The operating budget is for internal use, while the financial budget is for external reporting

d$.$ There is no relationship between the two