QUESTION 3 A budget is: management's management's plan for a future period of time, expressed in formulas plan for a prior period of time, expressed in dollars. O management's plan for a future period of time, expressed in dollars. the employee's plan for a future period of time, expressed in dollars.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![QUESTION 3 A budget is: management's plan for a future period of time,
expressed in formulas management's plan for a prior period of time, expressed
in dollars. management's plan for a future period of time, expressed in dollars.
the employee's plan for a future period of time, expressed in dollars.
QUESTION 3
A budget is:
management's plan for a future period of time, expressed in formulas
management's plan for a prior period of time, expressed in dollars.
management's plan for a future period of time, expressed in dollars.
the employee's plan for a future period of time, expressed in dollars.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe01e2053-8424-4ef5-83d0-e7e46a72a928%2F76d0d447-1936-448b-bb5d-71177ada16b7%2Fjwn8rso_processed.png&w=3840&q=75)
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