What are three main types of budgets?

Answer: Operating (operational) budget, capital budget, and cash budget.

Explanation: Assuming you mean business/organizational budgets:

  • Operating budget: forecasts revenues and day‑to‑day expenses (sales, COGS, SG&A) over a period, showing expected profit or loss.
  • Capital budget: plans long‑term investments in fixed assets (equipment, buildings, major projects) and evaluates returns on those investments.
  • Cash budget: projects cash inflows and outflows to ensure the organization has enough liquidity to meet obligations and to time borrowing or investing.

(Other common budgeting types/approaches include master budgets, flexible vs. fixed budgets, and zero‑based budgeting, depending on context.)