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s2008m [1.1K]
3 years ago
8

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

rt c.performance report d.responsibility report
Business
1 answer:
Yanka [14]3 years ago
3 0

Answer:

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

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