Question

What are the types of budgets that may be indicated in financial terms?

a.

Numbers

b.

Ratios

c.

Capital outlays

d.

All of the above

Posted under IC90 Human Resource Management

Answer: (d).All of the above Explanation:A budget may refer to numbers (of actual cash) or ratios (of recoveries) or combinations of these. It may indicate capital outlays (creating assets) or it may indicate cash flows or it may show profitability of operations.

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Q. What are the types of budgets that may be indicated in financial terms?
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