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Class 12 · Business Studies · Medium

Insurance premium may generally be what type of cost in a budget?

Class 12 · Business Studies · Medium

Sales commission can be treated as which type of cost in a budget?

Class 12 · Business Studies · Medium

Why is it useful to divide expenses into fixed and variable classes in a budget?

Class 12 · Business Studies · Medium

What situation may arise if the material budget is prepared too low?

Class 12 · Business Studies · Medium

Why may safety stock provision be kept in a budget?

Class 12 · Business Studies · Medium

Why are due payment dates important in a budget?

Class 12 · Business Studies · Medium

Which budget can estimate the timing of cash receipts from debtors?

Class 12 · Business Studies · Medium

Why is identifying controllable expenses useful in budgeting?

Class 12 · Business Studies · Medium

In which situation may a department not be blamed even after an adverse variance?

Class 12 · Business Studies · Medium

For what can standard cost be used in a budget?

Class 12 · Business Studies · Medium

What does setting a sales target higher than production capacity indicate in budgeting?

Class 12 · Business Studies · Medium

If actual cost is lower than budget but quality has fallen how should it be viewed?

Class 12 · Business Studies · Medium

What problem may occur if delay in sales collection is ignored in a budget?

Class 12 · Business Studies · Medium

How is zero based budgeting different from incremental budgeting?

Class 12 · Business Studies · Medium

What is the simple meaning of incremental budgeting?

Class 12 · Business Studies · Medium

What is the main benefit of a rolling budget?

Class 12 · Business Studies · Medium

What should be considered while selecting the budget period?

Class 12 · Business Studies · Medium

Why can performance evaluation become weak if budget targets are too easy?

Class 12 · Business Studies · Medium

Deliberately showing higher expenses and lower income in a budget may be an example of which problem?

Class 12 · Business Studies · Medium

What is a budget manual used for?