If budgets are prepared of a business concern for a certain period taking each and every function separately such budgets are called _________.

Related MCQs

• In two consecutive periods, sales and profit were Rs. 1,60,000 and Rs. 8,000 respectively in the first period and Rs. 1,80,000 and Rs. 14,000 respectively during the second period. If there is no change in fixed cost between the two periods, the PV ratio must be:
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