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How would you describe a master budget?
A master budget is comprised of operating budgets and financial budgets.
What is the difference between financial budget and a financial budget?
There is no difference between them.. Their difference only is how you understood about financial budget.. :)
How would you describe a top-down budget?
A top-down budget is a budget that is essentially imposed on the organization by top management.
How would you describe an incremental budget?
An incremental budget is a budget that is prepared based on prior-year figures, allowing for factors such as inflation.
How would you monitor review financial activities against a budget in a medium to large hospital establishment?
How to monitor the budget in hospitals
Can you describe the two principle sub budgets that compose a Master Budget?
The two principal sub-budgets that compose a Master Budget are the Operating Budget and the Financial Budget. The Operating Budget outlines the expected revenues and expenses related to the day-to-day operations of a business, including sales forecasts, production costs, and operating expenses. In contrast, the Financial Budget focuses on the company's financial goals and includes cash flow projections, capital expenditures, and budgeted financial statements, ensuring that the organization maintains sufficient liquidity and resources for growth and investment. Together, these budgets provide a comprehensive financial plan for the organization.
Financial project on Financial planning and forecasting?
A project that would accurately showcase financial planning and forecasting would be a budgeting project. A budget would clearly show the value in planning and being able to predict future financial costs.
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 the budget of Financial Consumer Agency of Canada?
The budget of Financial Consumer Agency of Canada is 10.7 dollars.
What Type of Graph would you use to describe a budget of a local government agency?
a bar graph
Illustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget?
iiiustrate by means of a diagram the budget planning process show clearly the difference between a functional budget and a financial budget
How can I start getting on a budget and improve my financial situation?
To start getting on a budget and improve your financial situation, begin by tracking your expenses, creating a budget, and setting financial goals. Cut unnecessary expenses, prioritize saving, and consider seeking advice from a financial advisor. Regularly review and adjust your budget to stay on track towards financial stability.
