Asked by Tiffany Riggs-Kredit on Jul 15, 2024
Verified
___ are single-use plans that commit resources for specific time periods to activities, projects, or programs.
A) Procedures
B) Policies
C) Guidelines
D) Budgets
E) Forecasts
Budgets
Financial plans that estimate revenue and expenses over a certain period, helping guide business decision-making.
Single-use Plans
Strategic actions or initiatives designed to address a specific situation or problem one time only.
Commit Resources
The act of dedicating financial, human, and material assets toward a specific goal or project.
- Identify the purposes and characteristics of single-use and standing plans within organizations.
Verified Answer
SG
Samjhana Godar ThapaJul 21, 2024
Final Answer :
D
Explanation :
The description fits budget plans, which allocate resources and commit to specific time periods. Procedures, policies, guidelines, and forecasts are not necessarily associated with committing resources for specific time periods.
Learning Objectives
- Identify the purposes and characteristics of single-use and standing plans within organizations.
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