Human resource
A sales budget should be prepared before the production budget?
as this quetions is related to budh«gets, I will start by explaining what a budgets is and then the importance of controlling it. A budget is a Plan which show how much money will be needed by a business and how that money will be used during a certain period. A budgetary control is process of comapring the actual expenditure with the budget amount for a certain periods. the diferences between them are called discrepancy or varinaces. Each department within a business is a llocated a budget and the concerned manager may possibly be held reponsible for any discrepancy on the budget. the discrepancy can be favourable or unfavourable but to ascertain wheter the discrepancy is favourable or not others aspects need to be taken into consideration. Budgetary control is importante in the sense that it allows to make sure that
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
A function of a budget is to use it as a tool to control the financial resources and to track budget execution. Another function of a budget is to be planning to of cash flow for an individual or organization and what is being spent.
1. Allocate funds according to agreed priorities. 2. Discuss changes in income and expenditure priorities with appropriate colleagues prior to implementation. 3. Consult and inform all relevant personnel in relation to resource decisions. 4. Promote awareness of the importance of budget control. 5. Maintain detailed records of resource allocation in accordance with enterprise control systems.
The importance of Sale Budget in a society
The Production Budget for Control was $6,400,000.
The budget of E-Control is 10,000,000 euros.
A budget used to promote a certain product or service, to get consumers to be interested and buy it.
Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?
A sales budget should be prepared before the production budget?
The production budget for "The Importance of Being Earnest" was not publicly disclosed. However, it was a modestly budgeted film due to its focus on dialogue and performances rather than elaborate sets or special effects.
as this quetions is related to budh«gets, I will start by explaining what a budgets is and then the importance of controlling it. A budget is a Plan which show how much money will be needed by a business and how that money will be used during a certain period. A budgetary control is process of comapring the actual expenditure with the budget amount for a certain periods. the diferences between them are called discrepancy or varinaces. Each department within a business is a llocated a budget and the concerned manager may possibly be held reponsible for any discrepancy on the budget. the discrepancy can be favourable or unfavourable but to ascertain wheter the discrepancy is favourable or not others aspects need to be taken into consideration. Budgetary control is importante in the sense that it allows to make sure that
A budget
Congressional Budget Office
Cost management will allow you to control a budget and allow to forecast in order to project the cost and being able to use those resources more efficiently in other things. In time of recession, resources become limited and it is very important to be on budget and not over spent. Cost managent allows to control your resources more efficiently.