

MCQOPTIONS
Saved Bookmarks
1. |
Given below are two statements, Statement one is labelled as Assertion (A) and the other is labelled as Reason (R).Assertion (A): A budget is a balanced estimate of expenditures and receipts of a given period of time.Reason (R): In the hands of an educational administrator, the budget is a record of past performance, a method of current control and a projection of future plans.In the light of the above statements, select your answer from the option given below: |
A. | Both (A) and (B) are true and (R) is the correct explanation of (A) |
B. | Both (A) and (R) are true and (R) is not the correct explanation of (A) |
C. | (A) is true, (R) is false |
D. | (A) is false, but (R) is true |
Answer» B. Both (A) and (R) are true and (R) is not the correct explanation of (A) | |