Question
Which of the following costs will be the primary
emphasis of the planning function of management?Solution
Budgeted cost is a forecasted expense that the company is expected to incur in an upcoming period or financial year. It is an estimated expense that management anticipates will be incurred in a future period based on projected revenues and sales. It gives the expenses/costs that has been planned for in advance and for which funds are typically put aside by a business to cover. As such, it is part of the planning function of the management.
Recently an MoU has been signed between the Indian Air Force and which State/Union territory for setting up a “IAF Heritage Center”?
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Regarding the Telecom Design Collaboration Sprint by the DoT, consider the following statements:
A) The initiative was aimed at developing a tele...
What is the conservation status of the Mainland Serow according to the IUCN Red List?
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India's first solar roof cycling track was inaugurated in which city?
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National Housing Bank (NHB) and Indian Railway Finance Corporation (IRFC) have raised funds worth a total of ₹4,500 crore through sales of three-year ...
