Question

State the type of plan and state whether they are Single use or Standing plan:

a. A type of plan which serves as a controlling device as well. (budget)

b. A plan based on research and analysis and is concerned with physical and technical tasks. (Method)

Answer 1

a. Budget - A type of plan which serves as a controlling device as well. A budget is a Single-used plan which is developed for a one time project or event.

b. Method - A plan based on research and analysis and is concerned with physical and technical tasks. Method is a Standing plan as it is used for activities which occur regularly over a period of time.