Which of the following statements are true about budget?

Q.  Which of the following statements are true?
- Published on 03 Sep 15

a. Budget is prepared for an indefinite period
b. Budget can be expressed in form of physical units
c. It is no way related with the management plans and policies to be pursued in future
d. It provides a base for measuring the success of expected results

ANSWER: Budget can be expressed in form of physical units

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