_____ is a management tool that explicitly shows how a firm will acquire and use the resources needed to achieve its goals over a specific time period.
A)Investing
B)Trading
C)Budgeting
D)Auditing

Question

Quizplus · Accepted Answer

Budgeting is a management tool that outlines how a firm will allocate its financial resources to achieve its goals over a set period of time. It involves creating a detailed plan that outlines projected income and expenses, and sets specific targets for revenue and spending. A budget is an essential tool for businesses to ensure that they are effectively managing their finances and resources to achieve their desired outcomes.

_____ Is a Management Tool That Explicitly Shows How a Firm