All the items of revenue and expense must be considered by management in preparing an operational budget.Select one:TrueFalse
Question
Solution 1
Answer
True
Explanation
In preparing an operational budget, management must consider all items of revenue and expense to ensure a comprehensive financial plan. This includes anticipating all sources of revenue—such as sales, service income, and any other income-generating activities—alongsi Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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