Question :

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


Which option is used to make changes in created Groups of Ledgers in Tally


A) Create
B) Display
C) Alter
D) Change

View Answer

Related Questions - 2


Full form of ODBC


A) Open database connectivity
B) Open database calculating
C) Open document basically
D) Order data base connection

View Answer

Related Questions - 3


By which option Purchase or Sales register can be viewed


A) Statutory Books
B) Inventory Books
C) Accounts Books
D) Display

View Answer

Related Questions - 4


Which menu is used to create new ledgers, groups and voucher types in Tally


A) Reports
B) Import
C) Transactions
D) Masters

View Answer

Related Questions - 5


‘Tally vault’ is a ________


A) Security mechanism
B) Ledger a/c
C) Cost category
D) None of the above

View Answer