Skip to main contentSkip to solution

Solution

✅ Correct Option: 3

A budget is a single-use plan: it is developed for a one-time event or a specific period, such as a sales budget for the coming year, and is not used again once that period ends. Policies, methods and procedures are standing plans that are used repeatedly.

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question