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In the context of budgetary control, what does a budget centre refer to?
  • a)
    The location where budgets are prepared
  • b)
    A department or section for which a budget is prepared
  • c)
    The budget committee responsible for budget approval
  • d)
    The period for which a budget is valid
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
In the context of budgetary control, what does a budget centre refer t...
In budgetary control, a budget centre refers to a department or section within an organization for which a budget is prepared. Each budget centre represents a specific part of the organization.
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In the context of budgetary control, what does a budget centre refer to?a)The location where budgets are preparedb)A department or section for which a budget is preparedc)The budget committee responsible for budget approvald)The period for which a budget is validCorrect answer is option 'B'. Can you explain this answer?
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In the context of budgetary control, what does a budget centre refer to?a)The location where budgets are preparedb)A department or section for which a budget is preparedc)The budget committee responsible for budget approvald)The period for which a budget is validCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of budgetary control, what does a budget centre refer to?a)The location where budgets are preparedb)A department or section for which a budget is preparedc)The budget committee responsible for budget approvald)The period for which a budget is validCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of budgetary control, what does a budget centre refer to?a)The location where budgets are preparedb)A department or section for which a budget is preparedc)The budget committee responsible for budget approvald)The period for which a budget is validCorrect answer is option 'B'. Can you explain this answer?.
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