A Budget Is a Financial Plan That Managers Use to Coordinate

question 45

True/False

A budget is a financial plan that managers use to coordinate a business's activities.

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Definitions:

Key Component

An essential part or element that is crucial for the function or success of something.

ICD-9-PCS

The International Classification of Diseases, Ninth Revision, Procedure Coding System; a system used in the United States for classifying medical procedures.

ICD-10-PCS

International Classification of Diseases, Tenth Revision, Procedure Coding System; a system used by healthcare providers to code and classify procedural information for healthcare services rendered, including surgical procedures.

Key Component

An essential element or part of a system, process, or machine that plays a critical role in its functionality or performance.