A formal statement of future plans, usually expressed in monetary terms, is a:
A) Variance report.
B) Prospectus.
C) Position statement.
D) Budget.
E) Variance analysis.

Name: A formal statement of future plans, usually expressed in monetary terms, is a: A) Variance report. B) Prospectus. C) Position statement. D) Budget. E) Variance analysis.
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Question

Quizplus · Accepted Answer

A budget is a formal statement of future plans, usually expressed in monetary terms, that outlines anticipated expenses and revenues for a specific time period.

A Formal Statement of Future Plans, Usually Expressed in Monetary