Q.

Which of the following are purpose of a budget?
i) Establishing strategic options ii)Motivating management
iii) Establishing long term objectives iv) Planning operations

A. (i) and (ii) only
B. (ii), (iii) and (iv) only
C. (i) and (iv) only
D. (ii) and (iv) only
Answer» D. (ii) and (iv) only

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Cost Accounting

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