Second step in developing operating budget is to

The correct answer is: C. obtain information

The second step in developing an operating budget is to obtain information. This information can be obtained from a variety of sources, including historical data, industry reports, and economic forecasts. The information that is obtained will be used to create a budget that is realistic and achievable.

The other options are incorrect because they are not the second step in developing an operating budget.

• Plan coordination is the fourth step in developing an operating budget. This step involves coordinating the activities of the different departments within the organization so that they are all working towards the same goal.
• Plan accounts is the third step in developing an operating budget. This step involves creating a chart of accounts that will be used to track the organization’s financial performance.
• Coverage information is not a step in developing an operating budget.