Q. Which of the following rule is not part of the budget making? (Solved)
1. rule of lapse
2. guillotine
3. budget is prepared on the basis of gross income and not net income
4. estimates should on cash basis
- b. guillotine
1. rule of lapse
2. guillotine
3. budget is prepared on the basis of gross income and not net income
4. estimates should on cash basis