Question

a(n) is a financial plan that sets forth management's expectations and, on the basis of those expectations, allocates the use of specific resources throughout the system.

Answer 1

Budget is a financial plan that sets forth management's expectations and, on the basis of those expectations, allocates the use of specific resources throughout the system.

What is a budget?

A budget can be regarded as the spending plan which is been made on the income and expenses.

With good budgetting it is easier , to allocates the use of specific resources throughout the system.

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