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


Find out which is not a Default Ledger in Tally


A) Cash in Hand
B) Capital Account
C) Profit & Loss
D) None of these

View Answer

Related Questions - 2


Where do we record cash sales in Tally


A) Contra
B) Receipt
C) Payment
D) Journal

View Answer

Related Questions - 3


Which option is used to place data taken in pen drive or CD to Appropriate place in Tally


A) Backup
B) Restore
C) Split Company Data
D) None of these

View Answer

Related Questions - 4


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 - 5


By default, which mode is on in Purchase and Sales voucher


A) Normal Mode
B) Item Invoice Mode
C) Particulars Mode
D) None of these

View Answer