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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

Answer: Option A

Solution(By Examveda Team)

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.

This Question Belongs to Commerce >> Costing

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