A method of budgeting whereby all activities are re-evaluated each time a budget is set. Discrete levels of each activity are valued and a combination chosen to match funds available, it is termed as:

Topics: Budgeting

Related Questions in this Topic

• Methods of cash budget are :
• A factor which will limit the activities of an undertaking and which is taken into account in preparing budgets, is term...
• ............is prepared for the estimation of plant capacity to meet the budgeted production during the budgeted period.
• __________ is attainable under standard conditions.
• Rajesh Ltd., produces and sells a single product. Sales budget for the current year (quarterwise) is as follows: Quarter...