The most common budget period is
A) one month.
B) three months.
C) six months.
D) one year.

Name: The most common budget period is A) one month. B) three months. C) six months. D) one year.
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Question

Quizplus · Accepted Answer

The most common budget period is one year, as it aligns with the annual financial cycle of most businesses and allows for long-term planning and forecasting. While shorter budget periods may be necessary for certain industries or projects, a one-year budget is generally the standard for most organizations.

The Most Common Budget Period Is