A budget is:
A) a standing plan.
B) a policy.
C) a single-use plan.
D) a repeat-use plan.

Name: A budget is: A) a standing plan. B) a policy. C) a single-use plan. D) a repeat-use plan.
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Question

Quizplus · Accepted Answer

A budget is considered a single-use plan because it is developed for a specific period and is not intended to be repeated in the same form in future periods. It outlines specific revenues and expenditures for a particular time frame, usually a year, and needs to be recreated for each new period.

A Budget Is