Ask Question
1 June, 15:43

A formal written statement of management's plans for the future, expressed in financial terms, is a a. budget b. gross profit report c. performance report d. responsibility report

+2
Answers (1)
  1. 1 June, 17:25
    0
    a. budget

    Explanation:

    The budget refers to the estimation of the revenues earned and expenses incurred so that the company could able to take the decisions according to that.

    It also a formal and written statement that shows the management plans for the upcoming future i. e to be expressed in a numerical term or we can say in financial terms

    Hence, the correct option is a. budget
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A formal written statement of management's plans for the future, expressed in financial terms, is a a. budget b. gross profit report c. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers