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Class 12 · Business Studies · Easy

If budgeted income is more and expenses are less what may it indicate?

Class 12 · Business Studies · Easy

A budget motivates whom to spend according to the plan?

Class 12 · Business Studies · Easy

What is the importance of correct data in preparing a budget?

Class 12 · Business Studies · Easy

Which budget may estimate labour cost?

Class 12 · Business Studies · Easy

What type of plan is a budget because it is prepared for a specific period?

Class 12 · Business Studies · Easy

Why is provision for unexpected expense kept in a budget?

Class 12 · Business Studies · Easy

A budget can create a process for approving what in advance?

Class 12 · Business Studies · Easy

What does the sales team get from a sales target in a budget?

Class 12 · Business Studies · Easy

What is the purpose of comparing a budget with actual results?

Class 12 · Business Studies · Easy

A budget keeps what within a limit?

Class 12 · Business Studies · Easy

Why may a savings target be kept in a budget?

Class 12 · Business Studies · Easy

Which budget fixes the money limit for an advertising campaign?

Class 12 · Business Studies · Easy

What problem may occur if a budget is not followed?

Class 12 · Business Studies · Easy

How does a budget make a plan measurable?

Class 12 · Business Studies · Easy

Why are previous year sales considered while preparing a budget?

Class 12 · Business Studies · Easy

Which statement is correct for a cash budget?

Class 12 · Business Studies · Easy

A budget prevents what from becoming uncontrolled?

Class 12 · Business Studies · Easy

A cost reduction target in a budget helps in what?

Class 12 · Business Studies · Easy

How can a budget reduce conflict among departments?

Class 12 · Business Studies · Easy

What can be a major limitation of a fixed budget?