Question

It also helps to ensure that the required items are available as and when needed for smooth functioning of the business ______.

Options

• Purchase Budget

• Sales Budget

• Cash Budget

• Master Budget

Answer 1

It also helps to ensure that the required items are available as and when needed for smooth functioning of the business Purchase Budget.

Explanation:
The purchase budget specifies quantities, timing and costs of items to be procured. It guides purchasing so that required materials are available when needed, preventing stockouts and production delays while controlling purchase expenditure.