Question : Which one of the following is a single use plan?
Option 1: Strategy
Option 2: Rule
Option 3: Budget
Option 4: Method
Correct Answer: Budget
Solution :
Only budget is the single use plan in the above question remaining are standing plan. 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.
Hence, option 3 is the correct answer.