The budget which reviews a programme or project from ‘scratch’ is

Related MCQs

• …….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 .
• …….is a budget which is updated continuously by adding a further period (a month/quarter) and deducting a corresponding earlierperiod.
• The budget which usually takes the form of budgeted profit and loss account and balance sheet is known as
• Which of the following is usually a long-term budget?.
• The budget which shows the budgeted quantity of output to be produced during a specific period is.
• The budget relating to.................... must be prepared first and the other budgets should be prepared in the light of that factor.