…………is a summary of all function budgets in a Capsule form.

Related MCQs

• ……….is the consolidated summary of the various functional budgets.
• …………………budget is the most important budget and it forms the basis on which all the other budgets are built up.
• The budget relating to.................... must be prepared first and the other budgets should be prepared in the light of that factor.
• Operation budgets normally cover a period of .
• The entire process of preparing the budgets is known as .
• Long-term budgets are prepared for .
• The primary emphasis of.......................... cost is on the planning function of management.
• The budget prepared to estimate the expenditure to be incurred for planning, organizing, direction and control function of the management is .
• …………does not form part of production.
• The budget which usually takes the form of budgeted profit and loss account and balance sheet is known as