(CMA adapted) The process of creating a financial plan of the revenues and resources needed to carry out activities and meet financial goals is referred to as:
A) budgeting.
B) benchmarking.
C) cost-benefit analysis.
D) value-added analysis.

Question

Quizplus · Accepted Answer

Budgeting involves creating a financial plan that outlines the revenues and resources required to achieve specific activities and financial objectives.

(CMA Adapted) the Process of Creating a Financial Plan of the Revenues