An operational budget is a short-term financial plan that coordinates activities to achieve short-term goals.

Question

Quizplus · Accepted Answer

An operational budget focuses on the upcoming fiscal year and aligns resources and activities to support the organization's goals and objectives for that period. It is a short-term financial plan that helps manage day-to-day operations and ensure financial stability in the immediate term.

An Operational Budget Is a Short-Term Financial Plan That Coordinates