The key to a successful financial reporting system is an operating budget in order to compare your actual operating results. Managers use the operating budget for planning in setting goals and developing strategies to achieve those goals. Budget will demonstrate how resources will be developed to implement strategy. Managers use the operating budget for strategy, long-run planning strategic plans, long-run budgets, short-turn planning operating plans, and short-run budgets. The operating budget will aid management for a specific period and [b] an aid to coordinating that needs to be done to implement that plan.
Dividend received is an investing activity and not an operating activity.
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Suggest you look at the CIMA website for excellent resource material on budgeting www.cimaglobal.com go to resources and search from there
no it is an operating activity since accounts receivable are the person who has to give us the money and the mmoney is from sales so it in an operating activity.
Answering "Problem relating to the implementation of activity based costing and activity based management system
Yes
Stategic , management and task
Interest expenses are not operating expenses because interest is normally a financing activity as finance is acquired to run business operating activity is to manufacture product for sale.
Management is an activity or function. Manager is the person who actually does the management
Operating system
what is management primary component in entrepreneurial
get a life it is they both are sports