A budget is best described as:A) A formal statement of a company's future plans usually expressed in monetary terms.B) A master control device.C) An informal statement of company's future plans usually expressed in monetary terms.D) The most crucial component of a company's evaluation process.E) The minimum acceptable performance level.

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breiah curry · Accepted Answer

Final Answer : A, Explanation :  A budget is a formal statement of a company's future plans, usually expressed in monetary terms. It outlines expected revenue, expenses, and profits over a specific period, typically one year. A budget helps a business to plan its operations, allocate resources, and evaluate its performance.

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