The assumptions about the future on which plans are built are called:
AReceipts
BPremises
CPolicies
DPayrolls
Answer & Solution
Correct answer: B. Premises
1. Forecasts and past information form the base.
2. These assumptions are premises.
3. All managers must use the same ones.
_Source: NCERT Class 12 Business Studies Part I, Chapter 4, Planning._
Related questions
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