Long-term budgets are prepared for .

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 .
• The entire process of preparing the budgets is known as .
• A bill of material is prepared in case of a................................. job
• Each job has a ..................... prepared for it that bears the job number and which is used to collect all cost data relating to job.
• Material consumption budget is prepared on the basis of .
• Materials purchase budget is prepared on the basis of .