Q574
Quantitative expression, of action plan by management of firm for a specified period of time is classified as
A.
complexity
B.
process
C.
budget
AnswerD.
batching
Answer: Option C
Solution
Answer: Option C
Solution:
Quantitative expression, of action plan by management of firm for a specified period of time is classified as budget. A budget is an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, and individuals.