A budget is defined as
A)the qualitative expression of a plan.
B)an aid in controlling income.
C)the quantitative expression of a plan of action by management.
D)the quantitative expression of a plan and an aid in controlling income.
E)an aid in coordinating and implementing a plan.

Question

Quizplus · Accepted Answer

A budget is primarily the quantitative expression of a plan of action by management, detailing expected revenues and expenses.

A Budget Is Defined as