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Assertion: A fixed budget is a budget that does not change, regardless of the level of activity. It is based on a single level of output, and the budgeted amounts are not adjusted for changes in activity. Fixed budgets are typically used for budgeting fixed costs, such as rent, salaries, and depreciation. Reason: A cost center is a responsibility center that only focuses on costs. The manager of a cost center is responsible for controlling the costs of the center, but they do not have any control over the revenues of the center. A responsibility center is a unit of an organization that is headed by a manager who is responsible for the performance of that unit. Responsibility centers can be classified into cost centers, revenue centers, profit centers, and investment centers.
The place where the United Nations Charter was signed is
Under which article of the Indian Constitution is the fundamental right to life and personal liberty enshrined?
Which article of the Indian Constitution deals with the power of the President in the context of preventive detention?
Which Schedule of the Indian Constitution provides for the administration of tribal areas in Assam, Meghalaya, Tripura, and Mizoram?
What is the rank of India in the 2024 Global Hunger Index (GHI)?
Area of a map is measured with the help of ____________
The Panchayati Raj is a __________ tier system.
The Office of Lokayukta was first established in the Indian state of
Which of the following statements accurately describes the Rajya Sabha?
Statements:
I. The Rajya Sabha is a permanent body that cannot b...
In which type of Government, the Legislature gains a priority over the Executives?