Budgeting is usually most closely associated with which management function?
Directing
Motivating
Controlling
Planning
The direct materials and direct labour budgets provide information for preparing the
Sales budget
Production budget
Manufacturing overhead budget
Cash budget
Budget is expressed in terms of
Money
Physical units
Money & Physical units
None of these
Cash budget is a useful tool for
Accounting
Taxation
Financial planning
Profit determination
Cash Budget is also called as
Management Budget
Production Budget
Finance Budget
Sales Budget
Which of the following is not a financial budget?
Capital expenditure budget
Budgeted statement of financial position
A budget period should be
Monthly
For a year or more
Long-Term
Long enough to provide an obtainable goal under normal business conditions.
Purchase of Furniture is an example for
Cash receipts
Cash payments
Cash receipts and Cash payments
The opening balance of cash in April is Rs. 1250. Total receipts for the month are Rs.4300 and total payments amounted to Rs. 3750. Opening balance of cash in May will be
1,800
1,900
2,000
3,200
Cash budget deals with
Estimated cash receipts
Estimated cash payments
Estimated cash receipts & Estimated cash payments
Estimated profit