ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A detailed plan of income and expenses expected over a certain period of time, often a month.
|
|
Budget
|
|
|
Financial Plan
|
|
|
Taxonomy
|
|
|
Investment
|
Explanation:
Detailed explanation-1: -A budget is a financial document that outlines estimates of revenue, expenditure, debt reduction and cash flow for a fixed period based on historical data. Budgets are often static or unchanging, and businesses update their budgets once a quarter or year.
Detailed explanation-2: -A budget is an approximation or plan of revenue and expenses over a defined future time frame. It is composed and reconceptualized on a periodic basis.
There is 1 question to complete.