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प्रश्न
Select the correct statement(s) about the master budget.
पर्याय
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
______ budget contains details about the quantity and quality of various things which the firm needs to purchase during the coming year.
Production budget is dependent on ______.
Sales budget shows the sales details as ______.
______ is a detailed budget of cash receipts and cash expenditure incorporating both revenue and capital items.
The starting point in preparation of master budget is ______.
Production budget is prepared to achieve which of the following objectives?
It helps to ensure that the required items are available as and when needed for smooth functioning of the business.
Which factors are taken into consideration while preparing production budget?
A cash budget is helpful in ______.
State any two factors to be kept in mind while preparing the sales budget of an organisation.