Business Studies, asked by o4kamboj, 2 days ago

difference between standing plan and one time use plan​

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Answered by sparshdahiya1
2

difference between standing plan and one time use plan

The difference between a single-use plan and the standing plan is clear from their name itself. Single-Use Plan is a type of plan, which can be used only once and so every time a new plan is formulated, to deal with the situation. On the contrary, standing plan implies the plan which is always ready for usage and they have a comparatively long-standing, i.e. once these plans are prepared they can be used for years.

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