Sally, the general manager at Trinkets Inc., has asked the accounting department to prepare a cash flow versus expenditure plan for the next year. Sally is asking for a __________ budget.
A) financial
B) flexible
C) fixed
D) zero-based

Question

Quizplus · Accepted Answer

Sally is requesting a cash flow versus expenditure plan, which is a financial budget. Flexible budgets are used to adjust for changes in volume, fixed budgets have a set amount for a specific time frame, and zero-based budgets require justification for every expense.

Sally, the General Manager at Trinkets Inc