The quantitative expression of a plan stated in either physical or financial terms or both is called a:
A) Cost of goods sold statement
B) Financial statement
C) Budget
D) Cost of goods manufactured statement

Question

Quizplus · Accepted Answer

A budget is a quantitative expression of a plan that may include physical or financial terms or both. The other options mentioned are specific financial statements that may or may not be included in a budget.

The Quantitative Expression of a Plan Stated in Either Physical