A budget that is a statement of estimated income and expenses over a specified period of time is referred to as a(n) _____ budget.

Name: A budget that is a statement of estimated income and expenses over a specified period of time is referred to as a(n) _____ budget.
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An operating budget is a detailed projection of all estimated income and expenses based on forecasted sales revenue during a given period (usually a year). It is used to gauge a company's efficiency and to set financial targets.

A Budget That Is a Statement of Estimated Income and Expenses