Budgets are typically set for:
A) five years.
B) one year.
C) a decade.
D) one month.

Name: Budgets are typically set for: A) five years. B) one year. C) a decade. D) one month.
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Question

Quizplus · Accepted Answer

Budgets are typically set for one year. This allows companies to regularly review and adjust their financial plans based on changing circumstances and business performance. However, some companies may also create longer-term strategic plans that include multi-year budgets as part of their overall planning process.

Budgets Are Typically Set For