Question : ___________ is the type of plan which is time bound and linked with measurable outcome.
Option 1: Strategy
Option 2: Policy
Option 3: Rule
Option 4: Budget
Correct Answer: Budget
Solution :
Budget is the statement of expected result expressed in numerical terms. In budget, the results are always measurable and most of the time. Budget is the type of plan which is time bound and linked with measurable outcome.
Hence, option 4 is the correct answer.