Final answer:
The statement is false; it's critical to account for all resources needed for a social media plan within the budget portion of a strategic plan, to ensure there's enough funding for success.
Step-by-step explanation:
The statement "For the budget portion of the strategic plan, you do not need to be able to account for all of the resources that you need for a social media plan to take place." is false. When creating a strategic plan, especially the budget portion, it is crucial to account for all necessary resources. This includes every aspect of a social media plan, such as paid advertisements, graphic design, content creation, management tools, and any other related costs.
A budget that omits key resources can lead to underfunding and ultimately, the failure of the plan due to unforeseen costs. Therefore, to ensure success, detailed financial planning which encapsulates all possible expenditures is essential.