List I | List II | ||
A. | Production budget | 1. | Based on production budget |
B. | Sales budget | 2. | Forecast of output |
C. | Material budget | 3. | Based upon the estimates of the production budget |
D. | Labour budget | 4. | Forecast of total sales |
A) A\[\to \]1, B\[\to \]2, C\[\to \]4, D\[\to \]3
B) A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3
C) A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3
D) A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2
Correct Answer: C
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