Question

short note explain the components of budget.

Answer 1

i. Materials and utilities budget:

This budget provides for acquiring raw materials required for production, spare parts for maintenance, labour time, machine time, and energy consumption and so on

ii. Control of liquidity:

This budget involves cash flow and is very important in controlling cash and meeting current financial obligations. The budget forecasts cash receipts and outlays for a given period of time and are necessary to control the income and expenses so that there is no shortage of cash to pay for bills and also there in no excessive unused cash which may be unproductive.

Hope this helps you friend
Thanks ✌️ ✌️

Answer 2

heya mate here is your answer ✌️✌️

COMPONENTS OF BUDGET ARE GIVEN BELOW-

➡️REVENUE BUDGET -
This financial statement includes the revenue receipts of the government i.e. revenue collected by way of taxes & other receipts. It also contains the items of expenditure met from such revenue.

➡️CAPITAL BUDGET -
This part of the budget includes receipts & expenditure on capital account projected for the next financial year. Capital budget consists of capital receipts & Capital expenditure

hope this may be helpful to you ✌️✌️☺️
pls mark as brainlist ☺️✌️

@alishka