English

Amrita has a detailed statement of expected results in numerical terms. This plan is conveyed to the subordinates by her in a special meeting. Identify the type of plan.

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Question

Amrita has a detailed statement of expected results in numerical terms. This plan is conveyed to the subordinates by her in a special meeting. Identify the type of plan.

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Solution

The plan is a budget. A budget states the expected results for a future period in numerical terms.

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Chapter 8: Planning - EXERCISES [Page 221]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
EXERCISES | Q II. 4. | Page 221
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