A financial plan of an organization for the coming year or other planning period is called a(n) budget. (Enter only one word per blank.)

A plan stated in financial terms of how the organization expects to carry out its activities and meet the financial goals established in the planning process is called a(n) . (Enter only one word per blank.)

The financial plan of the revenues and resources needed to carry out activities and meet financial goals is called a(n) . (Enter only one word per blank.)

A(n) budget is based on one predicted amount of sales or other activity measure.

A(n) _____ is a plan used to estimate how you intend to spend the money you have coming in over a period of time.

A budget is an example of a:Question 4Select one:a.single-use plan.b.contingency plan.c.standing plan.d.strategic plan.