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What is the Advantages of fixed budgets?
fixed budget is the budget whose all estimation is not changed after making this type of budget for more knowledge of budget == == == == == ==
Advantage of sales budget?
The sales budget is the most important budget, because it drives all of the other budgets (production, labor, manufacturing, cash).
What is the significance of sales budget in an enterprise?
Sales budget is the starting point of budgeting process because it provides the all important figure of budgeted sales data for production budgets and for all other budgeted financial statements.
Is the budgeted income statement prepared before the sales budget?
Budgeted income statement is prepared at the last after preparing all other budgets and sales budget is the starting point of budgeting process.
Purpose and meaning of sales budget?
Basically... * as a starting point for all other budgets * to set objectives for sales * allocate resources and finance * based on assumptions about the maket
All budgets depend on the sales budget?
Yes, all budgets depend on sales budgets because budgets can't exceed the amount of available money. When sales are poor, the budgets will be smaller.
Budget manual should be compiled after all budgets have been set.true or false?
Budget manual should be compiled after all budgets have been set.it is false
What is the Advantages of fixed budgets?
fixed budget is the budget whose all estimation is not changed after making this type of budget for more knowledge of budget == == == == == ==
Advantage of sales budget?
The sales budget is the most important budget, because it drives all of the other budgets (production, labor, manufacturing, cash).
How many presidents have never passed a budget?
All. Presidents do not pass budgets. Congress does.
Purchasing from an estate sale?
Purchasing from an estate sale can be easy. All you have to do is go in and tell them what your budget is and what you are looking for.
What is the significance of sales budget in an enterprise?
Sales budget is the starting point of budgeting process because it provides the all important figure of budgeted sales data for production budgets and for all other budgeted financial statements.
Is the budgeted income statement prepared before the sales budget?
Budgeted income statement is prepared at the last after preparing all other budgets and sales budget is the starting point of budgeting process.
What does a budget look like?
A budget is usually a set of money put aside that is a limit for weekly, monthly, or yearly spending. Most budgets include all necessary expenses and a small miscellaneous fund.
Purpose and meaning of sales budget?
Basically... * as a starting point for all other budgets * to set objectives for sales * allocate resources and finance * based on assumptions about the maket
What is sales budgeting and why is it important?
Sales budgeting is the starting point of budgeting process as in sales budget first of all the sales demand is determined and after that all other budgets are prepared to fulfill that demand.
Disadvantages of budgeting?
· Lack of Absolute accuracy: since budgets are projections and they are based on various assumptions. Budget estimates are therefore, devoid of absolute accuracy. · Mere preparation of budget does not suffice the purpose unless the management at all levels the responsibility for achieving the departmental goals laid down in budgets.
