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In business, budgets are prepared for a specific time period, usually a
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
To make sure their budgets are effective, what should businesses do with budget infor-mation?
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
Which of the following is a factor that might cause a business to adjust its budget figures:
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
How is a budget like a tree?
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
Why is it important for a business’s budget to be well planned?
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
Which of the following is an advantage of a rolling budget:
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
To develop realistic budgets, existing businesses usually base their estimates on
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
After a business designates categories of expense in its budget, it
fiscal year.
Economic trends
Money is limited.
Communicate it to all employees
It allows you to have a year-long budget in place at all times.
past performance.
allocates a dollar amount.
A budget is divided into categories and subcategories similar to tree branches.
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