Question

a budget is tool which help the management in planning and control of a) all business activities b) production activities c) purchase activities d) sale's activities​

Answer 1

Answer:

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• A) is the answer...

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Answer 2

Answer:

The correct option is A i.e., All Business Activities

Explanation:

A budget is a tool of management used as an aid in the planning, programming, and control of business activity. A budget refers to financial and/or quantitative statement, prepared and approved before time, of a policy to be carried out during that period with the aim of achieving a specified objective. This can include income, expenditure and employment of capital.

A budget is based on past statistical data and it forecasts projected labor, sales, production and other management requirements for the future, i.e., for a given budgeted period (for a period of time). A budget can be thought of as an overall plan for conducting business in terms of sales, production and expenses. Thus the budget acts as a coordinating tool between the various functions of the business.

So, A budget is tool which help the management in planning and control of all business activities.

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