The correct answer is: A. annual budget
An annual budget is a financial plan for a company or organization that covers a one-year period. It is typically prepared by the company’s finance department and includes projections for revenue, expenses, and profit. The annual budget is used to guide the company’s operations and to make decisions about how to allocate resources.
A master budget is a comprehensive financial plan that includes all of the company’s budgets, such as the operating budget, the capital budget, and the cash flow budget. The master budget is used to track the company’s financial performance and to make sure that all of the company’s budgets are aligned with its overall goals.
An operating budget is a financial plan that outlines the company’s expected revenues and expenses for a specific period of time, usually one year. The operating budget is used to track the company’s financial performance and to make sure that it is meeting its financial goals.
A specific budget is a financial plan that outlines the company’s expected revenues and expenses for a specific project or activity. The specific budget is used to track the project’s or activity’s financial performance and to make sure that it is meeting its financial goals.