Question:
Budget refers to
Budget refers to
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Budgets are essential tools for planning and controlling financial resources in any organization.
Updated On: Sep 1, 2025
- Planned target of performance
- Sum of handling future activities
- Systematic allocation of resources
- Statement of expected results expressed in numerical terms
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The Correct Option is D
Solution and Explanation
Step 1: Recall the concept.
A budget is a financial plan that outlines expected revenues and expenses, typically expressed in numerical terms.
Step 2: Conclusion.
Thus, the correct answer is (d) Statement of expected results expressed in numerical terms. Final Answer: \[ \boxed{\text{Statement of expected results expressed in numerical terms}} \]
A budget is a financial plan that outlines expected revenues and expenses, typically expressed in numerical terms.
Step 2: Conclusion.
Thus, the correct answer is (d) Statement of expected results expressed in numerical terms. Final Answer: \[ \boxed{\text{Statement of expected results expressed in numerical terms}} \]
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