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Budgets can be classified according to Time, Function, and Flexibility.

ACCORDING TO TIME:

1. Long Term Budget

2. Short Term Budget

3. Current Budget

4. Rolling budget

ACCORDING TO FUNCTION:

1. Sales Budget

2. Production Budget

3. Cost of Production Budget

4. Purchase Budget

5. Personnel budget

6. R & D Budget

7. Capital Expenditure Budget

8. Cash Budget

9. Master Budget

ACCORDING TO FLEXIBILITY:

1. Fixed Budget

2. Flexible Budget

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14y ago

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