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A top-down budget is a budget that is essentially imposed on the organization by top management.
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How would you describe a master budget?
A master budget is comprised of operating budgets and financial budgets.
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.
What Type of Graph would you use to describe a budget of a local government agency?
a bar graph
Describe the circumstances when a budget revision should allowed and when it should be refused?
describe when a budget revision should be refused.
Describe the value of a monthly a quarterly and a fiscal year budget report and what would occur without reviews of these?
why might shppers use a budget the spending plan for the fiscal year--APEX
How would you describe a bottom-up budget?
A participatory, or bottom-up budget, on the other hand, starts with the employees in each department determining their needs and requirements in order to achieve the company goals.
How would you describe the process of updating a budget?
variations of budgets are continuous budgets and continuously updated budgets. Rather than preparing one budget for the upcoming year, in a continuous budget one updates the budget for the following twelve months at the end of each month or each quarter.
How would you describe a zero-based budget?
A zero-based budget, on the other hand, is a budget that does not take anything for granted. It starts from point zero for each budgetary element and department each year and attempts to justify every dollar of expenditure.
What was the best way to describe eisenhower domestic policy?
Determined to balance the budget.
How would you describe a financial budget?
Financial budgets identify sources and outflows of funds for the budgeted operations and the expected operating results for the period.
Preparing a budget showing both anticipated and actual expenses What kind of budget would it be?
It would be an expense budget.
Components that go into the preparation of a sales budget Briefly describe the steps involved in the preparation of the same?
which components have to be considered when preparing a sales budget?
