________ are the most forward-looking budgets, which set the overall goals and objectives of the organization.

Question

Quizplus · Accepted Answer

Strategic plans set the long-term goals and objectives of the organization, and the budget follows suit by allocating resources and setting priorities to achieve those goals. Capital budgets focus on investments in fixed assets, pro forma statements project financial performance, and continuous budgets are updated constantly rather than setting overarching goals.

________ Are the Most Forward-Looking Budgets, Which Set the Overall