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Class 12 · Business Studies · Hard
→In which example can a budget be mistakenly confused with a policy?
Class 12 · Business Studies · Hard
→The most suitable time horizon of a budget depends on what?
Class 12 · Business Studies · Hard
→A company connects materials labour and machine time while preparing a production budget. Which managerial benefit is achieved?
Class 12 · Business Studies · Hard
→What problem can a very rigid budget create during a sudden market price rise?
Class 12 · Business Studies · Hard
→If departmental heads are included in budget preparation. What is the biggest benefit?
Class 12 · Business Studies · Hard
→What is a likely disadvantage of setting unrealistically low expenditure in a budget?
Class 12 · Business Studies · Hard
→If actual expenditure is higher than the budget. What should the manager do first?
Class 12 · Business Studies · Hard
→How does a budget make control possible?
Class 12 · Business Studies · Hard
→A company combines budgets of different departments into one summary budget for the whole organisation. What is it called?
Class 12 · Business Studies · Hard
→A budget will be effective only when it is linked with what?
Class 12 · Business Studies · Hard
→What should be the most important basis before preparing a budget?
Class 12 · Business Studies · Hard
→In which situation will a fixed budget become least useful?
Class 12 · Business Studies · Hard
→In a business actual output keeps changing significantly from estimated output. Which budget is more suitable?
Class 12 · Business Studies · Hard
→If every expense is justified from zero instead of being based on last year. Which approach is applied?
Class 12 · Business Studies · Hard
→A department deliberately overstates its expenses so that later targets become easy to meet. What is this called?
Class 12 · Business Studies · Hard
→What is the main difference between a budget and a forecast?
Class 12 · Business Studies · Hard
→A company prepares a large investment plan for buying machinery over the next five years. It relates to which budget?
Class 12 · Business Studies · Hard
→If estimated cash receipts and cash payments are matched over time. Which budget is it?
Class 12 · Business Studies · Hard
→A factory fixes next month production quantity on the basis of expected sales. Which budget will be most useful first?
Class 12 · Business Studies · Hard
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