0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question

An example of long period budgets is _________.
  1. R & D budget
  2. Personnel budget
  3. Sales budget
  4. Master budget

A
Sales budget
B
R & D budget
C
Master budget
D
Personnel budget
Solution
Verified by Toppr

Long term Budgets.The budgets are prepared to show the long term planning of the organisation. This budget is prepared normally for a period of 5 to 10 years. Example : Capital expenditure budget, research and development, long term finances etc.

Was this answer helpful?
3
Similar Questions
Q1
An example of long period budgets is _________.
View Solution
Q2
_______ is an example of long-term budget.
View Solution
Q3
Long answer type questions:
Define Government budget. Explain the various objectives of a government budget.
View Solution
Q4
Cash Budget is a ________ budget.
View Solution
Q5
A long-term investment decision is also called a Capital Budgeting decision.
View Solution