What is the term for a budget that estimates revenues and expenditures for a longer period, usually three to five years? Annual budget Short-term budget Long-term budget Fiscal policy

The budget that deals with expenditure relating to long-term investments is the:Group of answer choicescapital budget.purchases budget.budgeted balance sheet.production budget.

An estimation of revenue and expenses over a specified period of time is known as a budget. True False

A financial plan of an organization for the coming year or other planning period is called a(n) budget. (Enter only one word per blank.)

Characteristics of budgets include: (Check all that apply.)Multiple select question.expressed in nonfinancial terms.a focus on the past.expressed in dollars.typically cover a month, quarter or one year.typically span 5 to 10 years.formal statement of a company's plans.

A budget is:Group of answer choicesthe process relating to the longer term planning for a business.all of the options are true.a financial statement prepared for external users.a quantitative expression of an entity's future plans.