A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as ............

CS Executive · Corporate and Management Accounting · PYQS · December 2024
A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as ............
(A) Master budget
(B) Zero base budget
(C) Functional budget
(D) Flexible budget

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Budgetary Control

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic