Assertion (A) The whole budget involving all functions such as sales budget, material budget and production budget will have to be built after assessing the key factor. Reason (R) The budget key factor will limit the act
CS Executive · Cost and Management Accounting · PYQS · December 2016
Assertion (A) The whole budget involving all functions such as sales budget, material budget and production budget will have to be built after assessing the key factor. Reason (R) The budget key factor will limit the activities of an undertaking which is taken into account in preparing budget. Select the correct answer from the options given below —
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Management Accounting
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