Budget, Budgeting & Budgetary control - Characteristics

Q.  Which of the following statements are not true about budget, budgeting & budgetary control?
- Published on 08 Sep 15

a. Budgetary control works on the basis of best option
b. Budget is one of the important mediums of communication
c. Budgeting develops the quality of objectivity in planning
d. None of the above

ANSWER: None of the above

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