Match the following.
| List-I | List-II |
| a. Performance budgeting | 1. Fixed budget |
| b. Zero base budgeting | 2. Production oriented |
| c. Summary of all functional budgets | 3. Jimmy Carter |
| d. Remain unchanged irrespective of level of activity actually attained | 4. Master budget |
A. a-3, b-4, c-1, d-2
B. a-3, b-4, c-2, d-1
C. a-2, b-4, c-1, d-3
D. a-2, b-3, c-4, d-1
Answer: Option D
This Question Belongs to Management >> Management Accounting
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