The financial plan of the revenues and resources needed to carry out activities and meet financial goals is called

Question

Quizplus · Accepted Answer

The financial plan described in the question is referring to budgeting, which involves creating a detailed plan for the financial resources needed to carry out activities and achieve goals. Performance measures refers to specific metrics used to evaluate the effectiveness of processes or individuals, benchmarking is the process of comparing performance to industry standards, responsibility centers are organizational units responsible for specific aspects of operations, and lean accounting is a methodology focused on reducing waste and inefficiency in accounting processes.

The Financial Plan of the Revenues and Resources Needed to Carry