Period for which budget is prepared is called

Related MCQs

• The most important budget having primary importance is called
• ……………. is a budget starts from zero
• ……………. is the budget incorporating all the components functional budgets
• ……………. is the most important budget
• Budget control is exercised by
• ……………..budget provides information about the materials to be acquired from the market
• ……………..budget gives different budgeted cost for different levels of activity
• Period costs means
• During the boom period, the profits of a firm will increase at a much faster rate whose P/V ratio is,
• During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,