A(n)________ budget outlines how much money an organization needs,and it is submitted to a superior or a budget review committee.

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A proposed budget is a preliminary plan that outlines how much money an organization needs, and it is submitted to a superior or a budget review committee for approval. The proposed budget serves as a basis for negotiation and discussion between the department or unit requesting funds and the budget review committee. The approved budget is the final version of the plan that has received the necessary approvals and is used as a guideline for the organization's spending during the budget period. A pro forma budget is a projected or forecasted budget that estimates the organization's revenue and expenses for a future period, while a linked budget is a method of budgeting where the budgets of different departments or units are linked together to achieve overall organizational goals.

A(n)________ Budget Outlines How Much Money an Organization Needs,and It