……………….is a summary of all function budgets in a Capsule form.

Related MCQs

• ……………….is the consolidated summary of the various functional budgets.
• …………………budget is the most important budget and it forms the basis on which all the other budgets are built up.
• A budget that gives a summary of all the functional budget is known as
• Which of the following is normally the most appropriate sequence of events in the preparation of the indicated budgets?
• PP Ltd is preparing the production and material purchase budgets for one of their products, The SUPERX for the forthcoming year. The following information is available: Sales demand (units) 30000 Material usage per unit 7 kgs Estimated opening inventory 3500 units Required closing inventory 35% higher than opening inventory How many units of the SUPERX will need to be produced?
• The budget relating to ………….must be prepared first and the other budgets should be prepared in the light of that factor.
• Which of the following is not function of Cost Accounting
• The primary emphasis of………………..cost is on the planning function of management.
• ………………does not form part of production.
• The budget which commonly takes the form of budgeted profit and loss account and balance sheet is