Question :
A) Estimation
B) Forecasting
C) Assumption
D) All of these
Answer : D
Budget represents ________
A) Estimation
B) Forecasting
C) Assumption
D) All of these
Answer : D
Description :
Budget is a plan quantified in monetary terms prepared and approved prior to a defined period of time, usually showing planned income to be generated and/or expenditure to be incurred during that period and the capital to be employed to attain a given objective.
Related Questions - 1
Where do we record interest received, commission received or rent received in Tally
A) Contra
B) Payment
C) Receipt
D) Journal
Related Questions - 2
Where do we record transactions of salary, rent or interest paid
A) Contra
B) Journal
C) Receipt
D) Payment
Related Questions - 3
In tally you get currency symbol option from ________ menu
A) Company creation
B) Stock items units
C) Regional setting
D) None of the above
Related Questions - 4
Where do we record credit purchase of furniture in Tally
A) Purchase
B) Payment
C) Receipt
D) Journal
Related Questions - 5
Retained Earnings is an alias of
A) Indirect Income
B) Reserve and Surplus
C) Capital Account
D) Investments