Profit plan(or budget) is a

Related MCQs

• R&D budget and Capital expenditure budget are examples of
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• Which statement is true.I)Fixed budget assumes Changing business conditions. II)Flexible budget is prepared for only one level of activity.
• A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?
• The budget which commonly takes the form of budgeted Profit and Loss Account and Balance Sheet is
• If sales is Rs 5,00,000 & net profit is Rs 1,20,000 Net profit ratio is
• A firm has Capital of Rs. 10,00,000; Sales of Rs. 5,00,000; Gross Profit of Rs. 2,00,000 and Expenses of Rs.1,00,000. What is the Net Profit Ratio?
• If sales is Rs 5, 00,000 and net profit is Rs 1, 20,000 Net Profit ratio is
• Which items are added in Current year profit to get Net profit before tax. I)Interim dividend II)Provision for tax III)Refund of tax IV)Transfer to reserves
• Given Sales is Rs.2,40,000 and Gross Profit is 60,000, the Gross Profit Ratio is