Revision of budgets is

Related MCQs

• If budgets are prepared of a business concern for a certain period taking each and every function separately such budgets are called _________.
• The budgets are classified on the basis of
• In comparing a fixed budget with a flexible budget, what is the reason for the difference between the profit figures in the two budgets?
• A budget that gives a summary of all the functional budgets and projected Profit and Loss A/c is known as
• AB company budgets for fixed overhead of Rs. 24,000 and Production of 4800 units. Actual Production is 4200 units. If fixed overhead cost increased is Rs. 22,000, the Fixed overhead volume variance will be