From the following, which one is a functional budget —

CS Executive · Cost and Management Accounting · PYQS · December 2014
From the following, which one is a functional budget —
(A) Master budget
(B) Fixed budget
(C) Sales budget
(D) Current budget.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) Sales budget.

Topics: Budgetary Control

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