Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.
Which one of the following is not a correct ascending order of commissioned ranks in the defence forces of India?
A) Lieutenant, Captain, Major,Lieutenant Colonel, Colonel,Brigadier, Major General,Lieutenant General, General
B) Flying Officer, Flight Lieutenant,Squadron Leader, Wing Commander, Group Captain, Air Commodore, Air Vice Marshal,Air Marshal, Air Chief Marshal
C) Flying Officer, Flight Lieutenant,Squadron Leader, Group Captain,Wing Commander, Air Commodore,Air Vice Marshal, Air Marshal, Air Chief Marshal
D) Sub Lieutenant, Lieutenant,Lieutenant Commander,Commander, Captain, Commodore,Rear Admiral, Vice Admiral,Admiral
A) Lieutenant, Captain, Major,Lieutenant Colonel, Colonel,Brigadier, Major General,Lieutenant General, General
B) Flying Officer, Flight Lieutenant,Squadron Leader, Wing Commander, Group Captain, Air Commodore, Air Vice Marshal,Air Marshal, Air Chief Marshal
C) Flying Officer, Flight Lieutenant,Squadron Leader, Group Captain,Wing Commander, Air Commodore,Air Vice Marshal, Air Marshal, Air Chief Marshal
D) Sub Lieutenant, Lieutenant,Lieutenant Commander,Commander, Captain, Commodore,Rear Admiral, Vice Admiral,Admiral
Answer & ExplanationAnswer: C) Flying Officer, Flight Lieutenant,Squadron Leader, Group Captain,Wing Commander, Air Commodore,Air Vice Marshal, Air Marshal, Air Chief Marshal
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