Q. Which of the following statements are true about budget, budgeting & budgetary control?
a. Budgeting is business estimates for future periods
b. Budget is the process of preparing business estimates
c. Budgetary control is the means to achieve performance on the basis of budget
d. None of the above
ANSWER: Budgetary control is the means to achieve performance on the basis of budget
Answer & Explanation
No explanation is available for this question!
