Match the following: List-I List-II P. Performance budgeting 1. Fixed budget Q. Zero base budgeting oriented 2. Production R. Summary of all functional budgets 3. Jimmy Carter S. Remain unchanged irrespective of level of

CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Performance budgeting 1. Fixed budget Q. Zero base budgeting oriented 2. Production R. Summary of all functional budgets 3. Jimmy Carter S. Remain unchanged irrespective of level of activity actually attained 4. Master budget Select the correct answer from the options given below — P Q R S
(A) 3 4 1 2
(B) 3 4 2 1
(C) 2 4 1 3
(D) 2 3 4 1

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Budgetary Control

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