Which of these is the most common type of budgeting time frame?
A) Daily
B) Quarterly
C) Annual
D) Every decade
E) Monthly

Question

Quizplus · Accepted Answer

Annual budgeting is the most common type of budgeting time frame, as it allows organizations to plan for the entire year, set long-term goals, and allocate resources accordingly. While daily, monthly, and quarterly budgets may also be used, they tend to be more focused on short-term goals and may not provide the same level of strategic planning and decision-making opportunities as an annual budget. Budgeting every decade is also too infrequent to be practical for most organizations.

Which of These Is the Most Common Type of Budgeting