A budget represents the plans that a company has in place to achieve its goals.

Name: A budget represents the plans that a company has in place to achieve its goals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A budget is a financial plan that outlines the expected revenues and expenses for a specific period of time. The budget reflects the company's goals and strategies for achieving those goals. By setting a budget, a company can track its progress, identify areas where it may need to adjust its operations, and measure its success over time.

A Budget Represents the Plans That a Company Has in Place