Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 12-commerce Answered

What are the types of budget?
Asked by Topperlearning User | 19 Apr, 2016, 09:24: AM
answered-by-expert Expert Answer

Budgets are classified into three types. They are

i. Balanced budget is the budget where the estimated revenues are equal to the estimated expenditures.

   Receipts = Expenditure

ii. Surplus budget is the budget in which estimated revenues are more than estimated expenditures.

    Receipts > Expenditure

iii. Deficit budget is the budget in which estimated revenue is less than estimated expenditures.

    Receipts < Expenditure 

Answered by | 19 Apr, 2016, 11:24: AM

Concept Videos

CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:24: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:21: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 12-commerce - Macroeconomics
Asked by Topperlearning User | 19 Apr, 2016, 09:14: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×