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Question
The short-term financial plans are known as ______.
The short-term financial plans are known as ______.
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Solution
The correct option is B Budgets
Answer (b) Budgets
Explanation: A business budget is a spending plan for a business dependent on expenses and income. It distinguishes the accessible capital, gauges spending, and assists with foreseeing income. A financial plan can assist the administration with planning business activities and can go about as a measuring stick for laying out monetary objectives. It can assist with handling both momentary hindrances and long-haul planning.
Budgets
Answer (b) Budgets
Explanation: A business budget is a spending plan for a business dependent on expenses and income. It distinguishes the accessible capital, gauges spending, and assists with foreseeing income. A financial plan can assist the administration with planning business activities and can go about as a measuring stick for laying out monetary objectives. It can assist with handling both momentary hindrances and long-haul planning.
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