Which of the Following Is True of a Budget

question 114

Multiple Choice

Which of the following is true of a budget?

• A) Budgets are used to express only the operational plans and not the strategic plans of a company.
• B) Budgets do not account for nonfinancial aspects of the upcoming period.
• C) Budgets are most useful when they are planned independent of the company's strategic plans.
• D) Budgets help managers to revise their plans and strategies.

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Definitions:

Circulatory System

The body's mechanism for transporting blood, nutrients, gases, and wastes between various tissues and organs.

Drug Administration

The method by which a drug is taken into the body, such as orally, intravenously, or topically.

Catabolizing Drugs

The metabolic process of breaking down drugs in the body, often leading to their activation or deactivation.

Liver

A vital organ in the body responsible for detoxification, protein synthesis, and production of biochemicals necessary for digestion.