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Class 12 · Business Studies · Medium

How is setting standards in a budget related to control?

Class 12 · Business Studies · Medium

When is corrective action taken in budgetary control?

Class 12 · Business Studies · Medium

What effect can participation in budgeting have on employee behaviour?

Class 12 · Business Studies · Medium

In which situation may budget revision become necessary?

Class 12 · Business Studies · Medium

If estimated payments are more than receipts in a cash budget what does it indicate?

Class 12 · Business Studies · Medium

What is the benefit of showing administrative expenses separately in an expense budget?

Class 12 · Business Studies · Medium

What is the purpose of fixing responsibility centres in a budget?

Class 12 · Business Studies · Medium

If a budget is too rigid what difficulty arises in changing conditions?

Class 12 · Business Studies · Medium

What problem may arise if a budget sets very easy targets?

Class 12 · Business Studies · Medium

Why does a budget committee ask different departments for budgets?

Class 12 · Business Studies · Medium

Why is estimated market demand used while preparing a budget?

Class 12 · Business Studies · Medium

A capital budget is most related to which decision?

Class 12 · Business Studies · Medium

What is the correct meaning of zero based budgeting?

Class 12 · Business Studies · Medium

What is the main purpose of a master budget?

Class 12 · Business Studies · Medium

Which budget can estimate the required quantity of raw material?

Class 12 · Business Studies · Medium

In which situation is a flexible budget more useful than a fixed budget?

Class 12 · Business Studies · Medium

Why is the sales budget important while preparing a production budget?

Class 12 · Business Studies · Medium

Which information will be most useful while preparing a cash budget?

Class 12 · Business Studies · Medium

If actual sales are lower than the budget what should the manager do most appropriately?

Class 12 · Business Studies · Medium

What does variance mean in budgetary control?

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