Match the financial term with its proper definition.
A) Forecasts - depict relationships between items on a firm's financial statements
B) Forecasts - written reports that quantitatively describe a firm's financial health
C) Budget - itemized forecasts of a company's income, expenses, and capital needs
D) Financial ratios - written report that quantitatively describes a firm's financial health
E) Financial statements - an estimate of a firm's future income and expenses

Question

Quizplus · Accepted Answer

A budget is an itemized forecast of a company's income, expenses, and capital needs.

Match the Financial Term with Its Proper Definition