What type of version represents future estimates and budgeted data?

The type of version that represents future estimates and budgeted data is referred to as the Plan Version. In financial planning and analysis, a Plan Version is used to outline and record the anticipated financial and operational outcomes for a specific period, based on strategic goals and resource allocations. This version typically incorporates forecasts, budgetary figures, and other projections necessary for guiding the organization's financial strategy.

The inclusion of future estimates allows organizations to set performance benchmarks, allocate resources effectively, and assess financial health against strategic objectives. The Plan Version serves as a crucial tool for driving decision-making and evaluating potential scenarios in future periods.

In contrast, historical versions refer to past data and provide insights into what has already occurred, whereas actuals versions reflect real financial and operational results that have been finalized and recorded. Projection versions may share some similarities with Plan Versions; however, they are often more exploratory and can entail various scenarios rather than a fixed budget plan. Thus, the Plan Version is specifically designed to encompass the future-oriented estimates and budgetary figures that organizations rely on for planning and forecasting.