A budget that outlines anticipated revenue and expenses over a specified time period is called: ...

Answer to #1

A
An operational budget is a financial tool that outlines anticipated revenue and expenses over a specified period. A capital budget accounts for the purchase of major new or replacement equipment. A construction budget is developed when renovations or new structures are planned. A process called accounting assists with budget documentation and is an activity that managers use to record and report financial transactions and data.

Answer to #2

A
It is the responsibility of the HCFA to administer and oversee the Medicare and Medicaid programs. In 1982, the TEFRA went into effect as a means of establishing new payment regulations in an attempt to reduce the increasing governmental expenditure for these programs.

Answer to #3

D

Answer to #4

B
Not-for-profit businesses do not have stockholders to share in their successes and profits. All of the profits are channeled directly back into the business for its maintenance and growth. For-profit businesses distribute a certain portion or percentage of their profits to their shareholders as appreciation for their fiscal investment in the company.

Wow! Thanks you for this correct set of answers, wasn't expecting it...

My pleasure!