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Which of the following statement(s) is/are correct?
1. Budgetry control facilitates control by exception.
2. Budgetary control deals with numerical data.
3. Budget is a control device.

Which of the following statement(s) is/are correct?
1. Budgetry control facilitates control by exception.
2. Budgetary control deals with numerical data.
3. Budget is a control device. Correct Answer All of the above

Related Questions

What is the correct order of the development of the following? 1. Numerical control 2. Computer numerical control 3. Direct numerical control 4. Distributed numerical control
What is the difference between "vote-on-account" and "interim budget"? 1. The provision of a "vote-on-account" is used by a regular Government, while an "interim budget" is a provision used by a caretaker Government. 2. A "vote-on-account" only deals with the expenditure in the Government's budget, while an "interim budget" includes both expenditure and receipts. Which of the statements given above is/are correct?
"A ltd is a manufacturing company that has no production resource limitations for the foreseeable future. The Managing Director has asked the company mangers to coordinate the preparation of their budgets for the next financial year. In what order should the following budgets be prepared?
(1) Sales budget
(2) Cash budget
(3) Production budget
(4) Purchase budget
(5) Finished goods inventory budget"
Read the given statement and conclusion carefully and decide which of the conclusion(s) logically follows from the statement(s). Statements: The changing times in Indian cinema are testimony that big-budget films of stars (actors) are doing poorly and many small budget themed films are doing good business. Conclusions: (i) Small-budget films have been extremely successful because of their narrative content without giving much importance to the selection of stars. (ii) Big budget films have failed at the box office due to the selection of big stars (starcast). 
As per the National Forestry Report, 1998 , India must retain a true cover of 33 per cent as against the 19 per cent at present . A budgetary allocation of Rs 850 crore is just a drop in the ocean. Conclusions: I.The forest coverage in a country should be in proportion to its popullation II.Inadequate budgetary allocation comes in the way of enhancing the forest coverage.
Which of the following are the reforms introduced in Budget 2017-2018? 1. Presentation of Budget advanced to 1st February to enable the Ministries to operationalize all activities from the commencement of the financial year 2. Merger of Railway Budget with General Budget to bring Railways to the centre stage of Government’s Fiscal Policy  3. Removal of plan and non-plan classification of expenditure to facilitate a holistic view of allocations for Sectors and Ministries Select the correct answer using the code given below:
"BDL Ltd. is currently preparing its cash budget for the year to 31 March 20XX. An extract from its sales budget for the same year shows the following sales values.
Rs
March 60,000
April 70,000
May 55,000
June 65,000
40% of its sales are expected to be for cash. Of its credit sales, 70% are expected to pay in month after sale and take a 2% discount. 27% are expected to pay in the second month after the sale, and the remaining 3% are expected to be bad debts. The value of sales budget to be shown in the cash budget for May 20XX is"
. . . . . . . . budget may be classified into material cost budget, labour cost budget and overhead budget.
The numerical value of the area of a square is equal to half the numerical value of each of its diagonals. What is the numerical value of diagonal?
If the numerical value of the circumference of a circle is equal to the numerical value of 1/11 of the area of the circle, then what is the numerical value of the radius of the circle?