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1 . A Zero - Based budget: a . starts from scratch every period b . is a perpetual budget c . rolls forward on

1.
A Zero-Based budget:
a.starts from scratch every period
b.is a perpetual budget
c.rolls forward on monthly, quarterly, and yearly basis
d.is a continuous budget
2.Which of the following is true about Budget?
a.Budget is not a detailed plan
b.Budget is used for planning purpose
c.Budget is not used for control purpose
d.Budget is not a detailed plan

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