Which of the following terms is generally not used to describe the forward-oriented nature of the budgeting process?
A)Predicted
B)Estimated
C)Hoped for
D)Expected

Question

Quizplus · Accepted Answer

"Hoped for" implies a level of uncertainty and wishful thinking, which is not a desirable characteristic in the budgeting process. The other terms (predicted, estimated, and expected) are more commonly used to describe the forward-oriented nature of budgeting.

Which of the Following Terms Is Generally Not Used to Describe