Type of plan of a company, which quantities expectations of cash flows, income and financial position is known as

A budget
B batching
C complexity
D process

Correct Answer: budget

Type of plan of a company, which quantities expectations of cash flows, income and financial position is known as budget. A budget is a financial plan for a defined period, often one year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.
Bissoy MCQ
#Commerce #Costing

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