A detailed plan for the future that is usually expressed in formal quantitative terms is known as a:

Multiple Choice
A. Budget.
B. Performance Report.
C. Bank Reconciliation.
D. Statement of Cash Flows.

Respuesta :

Answer: (A) Budget

Explanation:

 Budget is one of the type of financial plan that is create according to our requirement and also budget.

A budget is one of the type of document  that is used for describe the detailed plan in the future and it is usually expressed into the quantitative terms.

 The main objective of the budget is to creating a proper plan based on the expenses, revenue, liabilities and the cost in an organization and it also helps in balancing our expenses with the income.    

 Therefore, Budget is the correct answer.

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