[Solved] A budget is a ________ financial plan.

A budget is a ________ financial plan.

A. Backward

B. Upward

C. Forward

D. All of the above

Answer: (c) A budget is a Forward financial plan.

More Questions

1. Pricing is one of the most important decision areas of ________.

2. Factors that make influence of firms decision to buy a part rather than produce it internally includes

3. If the margin of safety is _______, the form can withstand fall of sales and can continue to be in some profit.

4. Fixing ________ is a major decision taking function of any enterprise.

5. If the price is _______ the seller may not find enough number of consumers to buy his product.

6. If the price fixed is ________, the seller may not be able to cover his cost.

7. A pricing decision is one of the __________ decision that the firm has to make.

8. Pricing decisions have ________ importance in any enterprise.

9. Internal user of accounting information for decision making is ________

10. The main aim of management accounting is to help management in its functions of _________.