A budgeting process which demands each manager to justify his entire budget in detail from beginning is

Related MCQs

• Which of the following does not help to minimize the problems encountered in budgeting?
• All of the following statements regarding budgeting is true except
• Key motivational factors in budgeting do not include
• According to responsibility accounting, the entire organization is divided into various…
• In Cash budget, Non- operating cash inflow include(s)
• Sales Budget is a forecast expressed in
• __________ contains the picture of total plans during the budget period and it comprises information relating to sales, profit, cost, production etc.
• A situation in which a decision maker knows all of the possible outcomes of a decision and also knows the probability associated with each outcome is referred to as
• A situation in which a decision maker must choose between strategies that have more than one possible outcome when the probability of each outcome is unknown is referred to as
• Internal transfer of process at profit _________ of the company