Match List-I with List-II
List-I (Types of Budget) | List-II (Explanation) |
---|---|
(A) Revenue and Expense Budget | (I) Budget that reflects the anticipated income from the sales of products and controlling services |
(B) Programme Budgeting | (II) Budget to provide a systematic method for allocating the resources in ways most effective to meet the goals |
(C) Zero-based Budgeting | (III) Budget that divide enterprise programmes into "packages" and then calculate costs for each package from the bottom up |
(D) Variable or Flexible Budgeting | (IV) Budget that adjusts targeted levels of costs for changes in volume |