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Management · Q14

Management Accounting

Graduate and Post Graduate · Management · question 14

Q14

Quantitative expression of decided plan and coordination, for plan implementation is known as

A.
cost format
B.
decided plan
C.
coordination plan
D.
budget
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Quantitative expression of decided plan and coordination, for plan implementation is known as budget. A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.