Objective Type Quiz
CHOOSE ONE :
Q.1 The difference between ‘budgets' and ‘budgeting' is:
(a)
one is a plan, the other is a plan plus monitoring and control systems.
(b)
Budget is a target, whereas budgeting involves hitting the target.
(c)
Budget is a static thing, whereas budgeting is an active process
(d)
The only difference between budgets and budgeting is the same as between ‘cycle' and ‘cycling'.
Good! Your Answer is Right
Correct Answer is (a)
The difference between ‘budgets' and ‘budgeting' is:
one is a plan, the other is a plan plus monitoring and control systems.