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CLASSIFICATION OF BUDGETS

Budgets can be categorized on the basis of several bases.  There are three important bases for classifying budgets.  They are - functions, time, and flexibility.  Except from these classifications, many other budgets can also be found in practice like - performance budget, control ratios, ZBB, etc

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9511653

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