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प्रश्न
Select the correct statement(s) about the master budget.
विकल्प
It is a summary of all budgets.
This budget requires the approval of the Budget Committee before it is put into operation.
A careful analysis of the needs of all administrative departments of the enterprise is necessary.
The overall objective of a master budget is to enable the firm to prevent accumulations of excess cash balance.
उत्तर
It is a summary of all budgets and this budget requires the approval of the Budget Committee before it is put into operation.
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संबंधित प्रश्न
Which budget is also known as summary budget?
Production budget is dependent on ______.
Sales budget shows the sales details as ______.
Which budget forms the fundamental basis on which all other budgets are built up.
The starting point in preparation of master budget is ______.
A cash budget is helpful in ______.
Explain the main types of budgets used in business enterprises.
What are the factors to considered while preparing sales budget.
Choose the Odd-One-Out
The different types of budgets are
Name any two types of family budgets.
