Question

    There can be variety of budget. Name the budget which relates to a particular function of the business.

    A Flexible Budget Correct Answer Incorrect Answer
    B Fixed Budget Correct Answer Incorrect Answer
    C Functional Budget Correct Answer Incorrect Answer
    D Budget Centre Correct Answer Incorrect Answer

    Solution

    Functional Budgets – is one which relates to a particular function of the business. Example, Sales Budget, Production Budget among others

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