Question
a budget is best described as:

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A budget is best de
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Answer #1

Ans. Option A

Explanation: Budget is a formal report for the company. It is an estimation of revenue and expenses over a future period of time (generally one year). It is expressed in monetary terms as it is related to cash inflows and outflows.

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