Match the budget to its job
Exercise and reference answers
- Matching pairs
- Left
- Production budget
- Right
- Output planned for the period
- Left
- Cash budget
- Right
- Receipts and payments timing
- Left
- Master budget
- Right
- All functional budgets consolidated
- Left
- Zero-based budget
- Right
- Every rupee justified afresh
- Instructions
- Tap a budget on the left, then what it forecasts.
Explanation
_Source: ICAI CA Inter Cost and Management Accounting, Ch15, budget classification chart_