The Budgets That Are Comprehensive Financial Plans Made Up of Various

question 204

Multiple Choice

The budgets that are comprehensive financial plans made up of various individual departmental and activity budgets are the:

• A)Operating budgets
• B)Master budgets
• C)Financial budgets
• D)Continuous budgets

---

Definitions:

Core Values

Fundamental beliefs or principles that are central to an organization's identity and guide its decisions, actions, and culture.

BoardSource

An organization that specializes in providing support, resources, and training for nonprofit board officers and directors.

Finance Committee

A subgroup within an organization, typically composed of members of its governing body, responsible for overseeing financial policies, strategies, and health.

Financial Expert

A professional with extensive knowledge and skills in financial markets, investment strategies, and financial planning.