Budgets typically cover a definite time period; typically five years.

Name: Budgets typically cover a definite time period; typically five years.
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Quizplus · Accepted Answer

While budgets can cover any time period, they are not typically limited to five years. Some budgets may cover shorter periods, such as a month or a quarter, while others may cover longer periods, such as ten years or more. The length of a budget depends on the needs of the organization or individual creating it.

Budgets Typically Cover a Definite Time Period; Typically Five Years