Categories under budgets are divide

Question

Write down the chief categories under which budgets are divided?

Answer 1

There are chief four categories under which budgets are separated which are illustrated below:

Sales or Marketing Budget:

i) Selling and Distribution Cost Budget
ii) Sales Budget
iii) Advertising Cost Budget

Production Budget:

i) Purchases Budget
ii) Production Budget

Finance Cash budget is the budget that is made under this functional region. It is an estimation of the predictable cash payments and cash receipts throughout the budget period.

Personnel budget - The budget that is made under this region takes the form of a personnel budget that point to the requirement of personnel or labor force to be conventional to the production budget.

Miscellaneous

i) Capital Expenditure Budget
ii) Overheads Cost Budget