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QUESTION
Financial budget is best described by which of the following?
"Financial budget" is best described by which of the following?
A.A budget that projects cash inflows, cash outflows, and the end of period budgeted balance sheet
B.A budget that shows projected sales, purchases, and operating expenses
C.A company's plan to purchase property, plant and equipment, and other longminus−term assets
D.A system for evaluating the performance of each responsibility center and its manager
