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Subjects
Class 12Business StudiesPlanningTypes of plansMediumLevel 95
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The sales department prepares a numerical estimate of region wise sales revenue for the next quarter. This is an example of which plan?

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Answer and explanation

Correct answer: Budget

Budget is a numerical estimate of income or expenditure. In exams choose budget when a revenue estimate is given.

Related tags

PlanningBudgetSales-Revenue

Frequently asked questions

What is the correct answer to this question?

Budget

Why is this the correct answer?

Budget is a numerical estimate of income or expenditure. In exams choose budget when a revenue estimate is given.

Which subject and chapter does this question cover?

This is a Class 12 Business Studies question. Chapter: Planning. Topic: Types of plans.

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10 more MCQs
  1. 1In planning which type of plan states what the organisation wants to achieve?
  2. 2Employees must come to office on time. Which type of plan is this?
  3. 3A long-term comprehensive plan for launching a new product is called what?
  4. 4Screening applications and then taking interviews for recruitment shows which type of plan?
  5. 5The best prescribed way of doing a task is given in which plan?
  6. 6Fixing date budget responsible persons and activities for a cleanliness drive is an example of which plan?
  7. 7Which plan is used repeatedly?
  8. 8A plan made only once for a specific fair is called what?
  9. 9A company says credit sales will be made only to reliable customers. Which plan does this show?
  10. 10Checking the safety switch first and then pressing the main button to run a machine comes under which plan?
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