Part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheet is classified as
A. financial budget
B. capital budget
C. cash flows budget
D. balanced budget
Answer: Option A
Solution(By Examveda Team)
Part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheet is classified as financial budget.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
Join The Discussion