Question

34. Which of the following is usually a short term budget?
(A) Cost budget
(B) Sales budget
(C) Capital expenditure
(D) Research and development budget​

Answer 1

Answer:

Current Budget: A budget prepared for a short time is called a current budget.

Answer 2

Current Budget is a budget prepared for a short time :

Explanation:

• Current Budget is a sum of the authorized /legal estimates of the current expenditure for a monetary that is 12 months withinside the Annual Budget Statement.
• A current or temporary finances (additionally known as the Adjusted Budget) is the quantity of budget to be had to spend withinside the current fiscal 12 months period, that is July 1 through June 30.
• The brief finances may be the unique starting finances and/or quantity from brief finances adjustments.
• Current budget is used for actual implementation.

The correct answer is current budget.