Short-term budgets differ from long-term budgets in that a short-term budget: O Is for a day, week, or month and a long-term one is for six months or a year O Is expressed in monetary terms where a long-term budget is generally expressed in the number of customers or some other measure Is usually for a year or less and long-term budgets are in excess of a year O Is prepared by an accountant and a long-term budget is prepared by a manager