A statement that projects management’s expectations for revenues and, based on those financial expectations, allocates the use of specific resources throughout the firm is called:
A. a cash flow.
B. a budget.
C. a resource plan.
D. a resource allocation.
Answer:B
A statement that projects management’s expectations for revenues and, based on those financial expectations, allocates the use of specific resources throughout the firm is called:
A. a cash flow. B. a budget. C. a resource plan. D. a resource allocation.