A(n)__________ is a planned quantitative allocation of resources for specific activities.
A)expense report
B)capital expenditures budget
C)budget
D)production order

Question

Quizplus · Accepted Answer

A budget is a planned quantitative allocation of resources for specific activities, including revenue and expenses. Option A, an expense report, is a record of individual transactions and costs incurred. Option B, a capital expenditures budget, is a specific type of budget that outlines planned spending on long-term assets such as property, plant, and equipment. Option D, a production order, is a document used in manufacturing to authorize the production of a certain quantity of goods.

A(n)__________ Is a Planned Quantitative Allocation of Resources for Specific