Budget designed to remain constant irrespective of the level of activity attained is called .

Related MCQs

• …………..budget is designed to remain unchanged irrespective of the volume of output or turnover attained.
• …….budget may be classified into material cost budget, labour cost budget and overhead budget.
• …………………budget is the most important budget and it forms the basis on which all the other budgets are built up.
• ………budget gives an estimate of the anticipated receipts and payment of cash during the budget period.
• …………………budget is the preparation of budget starting from a clean state.
• Material budget consists of two parts, one is the consumption budget and another Is .
• What type of budget is designed to take into account forecast change in costs, prices, etc?
• ……….budget gives differentbudgeted costs for different levels of activity.
• Preparing budget figures for different levels of activity within a range under flexible budgeting is .
• …….is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlierperiod.