Examveda
Examveda

A statement of expected results expressed in numerical terms for a definite period of time in the future is known as ____________.

A. objective

B. strategies

C. procedures

D. budgets

Answer: Option D

Solution(By Examveda Team)

A statement of expected results expressed in numerical terms for a definite period of time in the future is known as budgets. A budget is an internal tool used by management and is often not required for reporting by external parties.

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