What is the budget?
Correct answer: A. A budget is a financial plan for a defined period of time
- A. A budget is a financial plan for a defined period of time
- B. A budget is an economical plan for a defined period of time
- C. A budget is a financial plan for an undefined period of time
- D. A budget is an economical plan for an undefined period of time
Explanation
A budget is a financial plan that estimates income and expenditure for a specified period, usually a fiscal year. It is therefore defined in time rather than being open-ended.
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World History traces major civilizations, empires, dynasties, religions, wars, treaties, revolutions and independence movements from ancient times to the modern era. It links key rulers and dates with events such as the Renaissance, the World Wars, colonialism and the Cold War, rather than treating geography as the main subject.
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