Planning is that function of ……………………..which requires an efficient system of decision – making.

Related MCQs

• Which of the following is not the limitation of Management Accounting? I)Developing Stage II)Resistance from Staff III)Lack of wide knowledge IV)Decision Making
• The financial decision making that relates to current assets or short term asset is known as __________________.
• Budgetary control __________ replace management in decision‐making.
• While making make or buy decision under marginal costing, external purchase price of the articles must be compared with its
• To establish an effective system of standard costing it is essential that 1) The technical process of operation should be prone to planning 2) The cost of the products should be given 3) The process or operating costs of products should be provided 4) The standard costing should be consistent with the technical procedure of the production of the specific entity
• Which of the following is the limitation of Zero based budgeting. I)Resist new ideas II)Control on expenditure III)Requires proper training IV)Conflicts
• _________ being the life blood of a business requires to be maintained in reasonably adequate quantity to run business successfully.
• Interpretation requires analysis and ----------------------------------
• A budget is tool which helps the management in planning and control of…
• A budget is tool which helps the management in planning and control of -