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Assertion: A fixed budget is a budget that does not change, regardless of the level of activity. It is based on a single level of output, and the budgeted amounts are not adjusted for changes in activity. Fixed budgets are typically used for budgeting fixed costs, such as rent, salaries, and depreciation. Reason: A cost center is a responsibility center that only focuses on costs. The manager of a cost center is responsible for controlling the costs of the center, but they do not have any control over the revenues of the center. A responsibility center is a unit of an organization that is headed by a manager who is responsible for the performance of that unit. Responsibility centers can be classified into cost centers, revenue centers, profit centers, and investment centers.
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning fr...
Familiarity breeds contempt .
Which one of the following words is nearly opposite in meaning to the bold one
Select the correct Antonym of the given word.
salient
Confide - My cousin confides in me,thats why I know all of her secrets.
Amatya said to me, “We are to leave for dance early.”
Choose the word that is most nearly similar in meaning to the given word-
ELUCIDATE
Select the most appropriate ANTONYM of the given word.
Liability
Simulation
Choose the correct ANTONYM for the given word .
Frail
Select the correct Antonym of the given word.
rebuke