Which term below best describes "sets the targeted revenue and expenses for the period"?

Question

Quizplus · Accepted Answer

The operating budget is the financial plan that outlines the expected revenue and expenses for a specific period, such as a year or a quarter. It sets targets for revenue generation and operational expenses, including salaries, rent, utilities, and other costs associated with running the business. The operating budget is an essential tool for managing cash flow and ensuring that the company remains profitable.

Which Term Below Best Describes "Sets the Targeted Revenue and Expenses