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In farm budgeting what does the term expenditur... - JSS1 Agricultural science Farm Budgeting and Financial Management Question

In farm budgeting, what does the term "expenditure" refer to?

A

Income generated from farming activities

B

Resources allocated for farm activities, including costs and expenses

C

The total profit earned by the farm

D

Financial losses incurred during the budgeting process

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Correct Option: B
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