Mr. Mohan, Financial manager of ABC Ltd., has prepared the annual Statement of proposed expenditure to be presented in the Annual General Meeting.
Identify the type of plan formulated by the financial manager.
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↪the type of plan formulated by the financial manager is the exclusive product.↩
Khalnayak28:
Hey in my opinion it's a Single Use Plan under which it's the Budget.
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When it comes to budget, it is the type of plan formulated by the financial manager.
It also identifies the current available capital, offering the estimate of overall expenditure as well as expects incoming profit.
By simply referring to budget financial managers can measure the performance against the expenditure as well as make sure that the resources are obtainable for the initiatives which support both business development and growth.
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