A(n)________ allocates dollars to various costs and expenses needed to operate a business at an estimated level of sales revenue.

Question

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A budget is a financial plan that estimates the costs and revenue for a given period. It helps to allocate resources and monitor expenses to ensure the business stays on track financially. The other options - forecast, balance sheet, and income statement - are financial statements that provide information about a company's financial performance, but they do not involve the allocation of funds for future expenses.

A(n)________ Allocates Dollars to Various Costs and Expenses Needed to Operate