Short note explain the components of budget. – InterviewSolution

1.	Short note explain the components of budget.
Answer» rials and UTILITIES budget:This budget provides for acquiring raw materials required for production, spare parts for MAINTENANCE, labour time, machine time, and energy consumption and so onii. CONTROL of LIQUIDITY:This budget involves cash flow and is very important in controlling cash and MEETING current financial obligations. The budget forecasts cash receipts and outlays for a given period of time and are necessary to control the income and expenses so that there is no shortage of cash to pay for bills and also there in no excessive unused cash which may be unproductive. Hope this helps you friendThanks ✌️ ✌️

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