Question : It is a plan which quantifies future facts and figures?
Option 1: Procedure
Option 2: Budget
Option 3: Rule
Option 4: Programme
Answer (1)
20th Jan, 2024
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, these are financial in nature but it does not mean that company prepares only financial budget. In the above case, It is a plan which quantifies future facts and figures are related to budget plan.
Hence, option 2 is the correct answer.
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