I. Budgetary control is a wider concept whereas Budget and budgeting are narrower concepts
II. Budget is the process of preparing business estimates.
Which of the following statements is/are correct?
- This Economics quiz is provided by Gkseries.">Consider the following statement (s) is/are true about budget, budgeting & budgetary control.
I. Budgetary control is a wider concept whereas Budget and budgeting are narrower concepts
II. Budget is the process of preparing business estimates.
Which of the following statements is/are correct?
Answer & ExplanationAnswer: Only I