The entire process of preparing the budgets is known as .

Related MCQs

• The budget relating to.................... must be prepared first and the other budgets should be prepared in the light of that factor.
• …………………budget is the most important budget and it forms the basis on which all the other budgets are built up.
• ……….is the consolidated summary of the various functional budgets.
• …………is a summary of all function budgets in a Capsule form.
• Operation budgets normally cover a period of .
• Long-term budgets are prepared for .
• Preparing budget figures for different levels of activity within a range under flexible budgeting is .
• In inter process profits, the output of one process is transferred from one process to another not at …………….but at ……………….
• …..arises where the actual process loss is less than the normal predetermined process loss.
• An input of 5000kg of material introduced into the process and the expected loss is 8% and if the actual output from the process is 4300, the abnormal loss is................. kg