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


In general the financial year from shall be from


A) 1st April of any year
B) 31st March of any year
C) All of them are true
D) None of these

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Related Questions - 2


How many types of Measurement Units we can create in Tally


A) 2
B) 3
C) 5
D) Unlimited

View Answer

Related Questions - 3


Which shortcut key is used in Company Features screen to use Inventory Features in Tally


A) F1
B) F2
C) F3
D) F4

View Answer

Related Questions - 4


Optional Voucher is one type of


A) Conventional Voucher
B) Unconventional Voucher
C) Both A and B
D) None of these

View Answer

Related Questions - 5


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