| Which of the following is true regarding the nature and objective of budget? (1) Government Budget is designed for optimal allocation of scarce resources. (2) The main objective of Government financial management is to determine how adequately the financial and resource management responsibilities have been discharged (3) The broad objectives of the Government to be broken down into detailed work plans. |
A) Only option B & C is correct.
B) Only option A & B are correct.
C) Only option A, B & C are correct.
D) Only option A & C are correct.
E) None of these
Correct Answer: C
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