A budget:
A)generally includes both financial and non-financial aspects of the plan.
B)is the quantitative expression of a proposed plan of action by management.
C)serves as a blueprint for the company to follow in an upcoming period.
D)is an aid to coordinate what needs to be done.
E)All of the above are correct.

Question

Quizplus · Accepted Answer

A budget generally includes both financial and non-financial aspects of the plan, is the quantitative expression of a proposed plan of action by management, serves as a blueprint for the company to follow in an upcoming period, and is an aid to coordinate what needs to be done. Therefore, all of the options are correct.

A Budget