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प्रश्न
The ______ budget is a summary of all the budgets.
पर्याय
Cash
Sales
Master
Production
उत्तर
The master budget is a summary of all the budgets.
Explanation:
Master budget is a summary of all budgets. Therefore, it is also known as a summary budget. The Institute of Cost Management Accountants, England, has defined it as "the summary budget, incorporating its component functional budgets, which is finally approved, adopted and employed." Thus, the master budget is a summarised form of all the budgets of a firm.
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संबंधित प्रश्न
______ 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 ______.
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?
What is a cash budget?
Explain 'sale budget'.
Distinguish between production budget and material budget.
State any two factors to be kept in mind while preparing the sales budget of an organisation.
Distinguish between a Production Budget and a Sales Budget.
What are the factors to considered while preparing sales budget.
