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Departmental Organisation is financed through ______ Appropriations made by the legislature. - Organisation of Commerce and Management

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Question

Departmental Organisation is financed through ______  Appropriations made by the legislature.

Options

  • Annual budget

  • monthly budget

  • quarterly budget

MCQ
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Solution

Departmental Organisation is financed through Annual budget Appropriations made by the legislature.

Explanation:

A departmental organisation receives funds directly from the government. These funds are allocated every year through the annual budget passed by the legislature. All expenses of the department are met from these yearly budgetary provisions.

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Chapter 5: Forms of Business Organisation - II - EXERCISE [Page 112]

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Balbharati Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
Chapter 5 Forms of Business Organisation - II
EXERCISE | Q 1. A) 1) | Page 112
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