…………..budget is designed to remain unchanged irrespective of the volume of output or turnover attained.

Related MCQs

• Budget designed to remain constant irrespective of the level of activity attained is called .
• …….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 .
• What type of budget is designed to take into account forecast change in costs, prices, etc?
• The per unit expense of the ……………portion factory overhead varies with the volume of production while…..........................portion remains the same with volume.
• The budget which shows the budgeted quantity of output to be produced during a specific period is.
• Fixed cost per unit …………………… with rise in output and …………… with fall in output.