A financial plan of action expressed in monetary terms is a/an
-
A.
warrant -
B.
budget -
C.
imprest -
D.
consilidated fund
Correct Answer: Option B
Explanation
A budget is an estimation of revenue and expenses over a specified future period of time. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.