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


A) Account Info
B) Inventory Info
C) Accounting Vouchers
D) Inventory Vouchers

View Answer

Related Questions - 2


We can see Working Capital figure changing


A) Voucher configuration
B) Profit & Loss configuration
C) Balance Sheet configuration
D) Ledger configuration

View Answer

Related Questions - 3


To see reports of Job Work Analysis


A) Display > Statements of Accounts > Job Work Analysis
B) Display > Job Work In Reports > Job Work Analysis
C) Display > Statements of Accounts> Cost Centre > Job Work Analysis
D) None of these

View Answer

Related Questions - 4


Which menu appears after starting Tally for the first time


A) Gateway of Tally
B) Company Info
C) Display
D) None of these

View Answer

Related Questions - 5


Which option is used in Tally to make changes in created company


A) Select Company
B) Shut Company
C) Alter
D) None of these

View Answer