Which term describes the financial plan that includes regular operational expenses?

The term that describes the financial plan including regular operational expenses is the operational budget. This budget is a detailed projection of income and expenditures for the day-to-day functioning of an organization over a specific period, typically a fiscal year. It encompasses all the costs associated with running the organization's primary activities, such as salaries, utilities, supplies, and other recurring expenses necessary to maintain operations.

An operational budget helps organizations effectively allocate resources, manage costs, and measure financial performance and efficiency. It is critical for ensuring that an organization can meet its ongoing operational needs without financial strain.

The other types of budgets mentioned, such as the capital budget, typically focus on long-term investments in physical assets, while supplemental budgets often address necessary additional funding beyond the operational budget. A contingency budget is set aside for unexpected events or emergencies and is not part of the routine financial planning for regular operational expenses.