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    Question

    A plan of action for a business is known as

    a:
    A Balance Sheet Correct Answer Incorrect Answer
    B Cash flow statement Correct Answer Incorrect Answer
    C Budget Correct Answer Incorrect Answer
    D Financial statement Correct Answer Incorrect Answer

    Solution

    A plan of action for a business is known as a budget. A budget is an estimation of revenue and expenses over a specified future period of time.

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