Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which one of the following statement/s is/are true? I. A government budget is an output of a political process II. A business budget is an

Which one of the following statement/s is/are true?

I. A government budget is an output of a political process

II. A business budget is an output of a legislative process

III. A business budget is a document shared with external stakeholder

IV. A government budget is an internal document and is not shared with external stakeholders

a-II and I only

b-I and IV only

c-IV only

d-I only

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

How to find if any no. is divisble by 4 or not ?

Answered: 1 week ago

Question

Explain the Pascals Law ?

Answered: 1 week ago

Question

What are the objectives of performance appraisal ?

Answered: 1 week ago