A detailed forecast used to monitor and control expenses is called a(n):
A)balance sheet.
B)profit and loss account.
C)budget.
D)income and expense statement.
E)cash inflow.

Name: A detailed forecast used to monitor and control expenses is called a(n): A)balance sheet. B)profit and loss account. C)budget. D)income and expense statement. E)cash inflow.
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Question

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A budget is a detailed forecast used to monitor and control expenses, outlining planned income and expenses for a specific period.

A Detailed Forecast Used to Monitor and Control Expenses Is