Most companies prepare a(n) ______ budget that is separated into ______ budgets.Multiple choice question.monthly; weekly or dailyannual; quarterly or monthlythree to five year; annual
Question
Most companies prepare a(n) ______ budget that is separated into ______ budgets.Multiple choice question.monthly; weekly or dailyannual; quarterly or monthlythree to five year; annual
Solution
The correct answer is: annual; quarterly or monthly. Most companies prepare an annual budget that is separated into quarterly or monthly budgets. This allows them to plan for the year ahead and adjust their spending as needed throughout the year.
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