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A budget is a quantitative plan of operations that identifies the resources needed to fulfill the organization's goals and objectives. It includes both financial and nonfinancial aspects.
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What is Definition of material budget?
Define material budgets
How rolling budget system would operate?
A rolling budget system is one in which a budget is updated to add a new budget period once the most recent period has completed. Another term for this type of system is "continuous budgeting."
Explain the purposes of sales budget?
Sales budget is the most important budget while making the overall budget for the organization for a fiscal year. It is important in this sense that how would anybody make fiscal budget for organization if he don't know about how much to sale or what are the organization's sale would be. If you know the sales volume of units of product you want to sale in a fiscal year then you will make production budget according to that sales requirement in mind you will have production information in mind you will purchase raw material, hire labour according to requirements. So if you don't know about how much you want to sale then how would you budget other things and how would you compare your performance at the end of fiscal year.
How would you promote awareness of the importance budget control?
Human resource
How does one define intangible assets?
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
How would you define a capital budget?
A capital budget, on the other hand, involves an organization's proposed long-range major projects.
How would you define fixed budget?
A fixed Budget is a financial plan that does not change through the budget period, irrespective of any changes from the plan in actual activity levels experienced .
What is Definition of material budget?
Define material budgets
How would one define the term consumer staples?
Someone can define the term consumer staples as essential products such as food, beverages, clothing, and household items. These are products that families will not being willing to cut out of their budget regardless of costs.
What is the term used to define when government revenue is lower than government expenses?
Budget surplus.
How to calculate income tax for budget?
Budgets can be made anyway you want. First you better define taxes though. In most corporate things, you would apply the effective rate for the entity.
Define the term budget?
Its classed as an estimation of the revenue and expenses over a specified future period of time
Define OB and relate it to management?
OB: Original Budget.It is the budget prepared and revised for a specific year.
Preparing a budget showing both anticipated and actual expenses What kind of budget would it be?
It would be an expense budget.
How would you define a substance based on what you have observe?
How would you define a subtancebased on what you have obsrved
How would you define a substance based on you have observed?
How would you define a subtancebased on what you have obsrved
How would you define library filing?
define library filing
