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प्रश्न
Explain the term 'budget'.
उत्तर
A budget estimates revenue and expenses for a future period and is evaluated periodically. A surplus budget predicts profits, whereas a balanced budget expects revenues to equal expenses. A deficit budget indicates that spending will exceed revenues.
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संबंधित प्रश्न
The ______ budget contains an estimate of the total volume of production week wise, month wise and product-wise.
What is a Production Budget?
What is a Budget?
What is a Master Budget?
The budget that forms the fundamental basis of all budgets and lays down the revenue goals of an enterprise is the ______.
A budget is a statement that can be expressed:
A ______ is a quantitative plan prepared in advance for a future time period.
Budgets are an important tool of ______.
A budget relates to a ______ period.
How can the management of an organisation use the budgetary control system for planning and control?
