Homework Answers
Solution :- (1)
Classification of Budgeting :-
- On the Basis of Figures
- Operating Budget
- Financial Budget
- Capital Budget
2. On the Basis of Time
- Short Term
- Long Term
- Medium Term
3. On the Basis of Modifications
- Flexigle Budget
- Fixed / Rigid Budget
4. On the Basis of Entities using Budget
- Public Budget
- Private Budget
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