A(n)________ specifies the amount of money the manager is authorized to spend and what items can be purchased or what expenses are allowed.
A) proposed budget
B) approved budget
C) operational budget
D) capital budget

Question

Quizplus · Accepted Answer

An approved budget is the correct answer because it is the budget that has been officially sanctioned by the relevant authority, giving the manager the authorization to spend a specified amount of money on certain items or expenses.

A(n)________ Specifies the Amount of Money the Manager Is Authorized