English

It is said that budget is an impersonal policeman that maintains ordered effort in the organisation.

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Question

It is said that budget is an impersonal policeman that maintains ordered effort in the organisation.

Options

  • True

  • False

MCQ
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Solution

True

Explanation:

Budgets act as an impersonal policeman by setting targets, coordinating departments, fixing responsibilities, and controlling deviations; they impose discipline consistently without personal bias, prevent buck‑passing, ensure accountability, and maintain ordered effort through regular monitoring and review.

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Chapter 9: Budgeting - EXERCISES [Page 163]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 9 Budgeting
EXERCISES | Q 31. | Page 163
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