Corporate Accounting MCQ

The ______________ is regarded as the keystone of budgeting.

Budget which remain unchanged regardless of the actual level of the activity is known as :

A budget that gives a summary of all the functional budgets and budgeted statement of profit and loss is called –

Every cost auditor shall forward his duly signed report to the board of directors of the company within a period of …………….. from the closure of the financial year to which the report relates.