Type of budget, which is always available for specified period of future is called
A. period budget
B. batch budget
C. discontinued budget
D. continuous budget
Answer: Option D
Solution(By Examveda Team)
Type of budget, which is always available for specified period of future is called continuous budget. Continuous budgeting is the process of continually adding one more month to the end of a multi-period budget as each month goes by.Join The Discussion
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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
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