What is budget? (1 pt) a. It is a financial tool. b. it is a financial tool used in planning. c. It is planning ahead of a certain period regarding its finances. d. It is used for evaluation only - 30 It refers to the evaluation of a firma's overall performance and financial condition through the examination of the financial statements. (p) a. Financial Management b. Financial Statement Analysis c. Finance Test d. Controlling - 31 (Medina 2011) Firman's working capital has the following purposes except 1 pt) a Provision of operating expenses b. Support for credit sales c. Provision for contingencies d. All the choices are purposes of working capital