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What is the difference between a budget and a financial report?
Wiki User
∙ 13y ago
The main difference is, budget is a planned activity to meet the targets whereas financial report is the one which shows the health/wealth of the organization.
Wiki User
∙ 13y ago
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Difference between financial secretary and treasurer?
The treasurer collect the offering from the church and report it to the pastor in charge for record while the financial secretary documented every money collected form the offerings for balance sheet.
Differentiate between an unqualified and a qualified audit report?
Type your answer here... An audit report is said to be unqualified,when it is a clean report. Thus the auditor after examination of the organisation its record and financial statement comes to a conclsion that the financial statement reflects the true financial position of the business thats the financial statement have been prepard in accordance with the acceptable accounting principles. Qualified audit report on the other hand is a negative report which shows that the financial statement have not be prepare in accordance with acceptable accounting principles and the opinion of true and fare is not certain.
What information is found on a flexible budget report?
Flexible budget reports are another type of internal report. The flexible budget report consists of two sections: (1) production data for a selected activity index, such as direct labor hours, and (2) cost data for variable and fixed costs. The report provides a basis for evaluating a manager's performance in two areas: production control and cost control. Flexible budget reports are widely used in production and service departments.
What is the difference between annual report and annual return?
sala mei khud ans dhund ra hu.
What is the difference between a consumer credit report and a residential mortgage credit report?
a consumer credit report was more likely connecting to individuals as consumers,on the other hand,a residential mortgage credit report was simply focusing to the households considered as the consumer it self.
What is the difference between international financial report as opposed to the public sector accounting?
your nan
Key activities of a financial manager?
A financial manager has three main duties. They are to manage the budget of the company, keep a report of all financial transactions and to manage the financial team.
What is the purpose of the sales budget report?
The purpose of the sales budget report is to ascertain what the year's budget status would have on the next year's anticipated budget. In order to anticipate what the next year's sales might be, one needs to find out what the last year's sales were.The purpose of the sales budget report is to help plan for the future. The budget can be used to control expenditure and increase revenue for the next financial year.
The similarities and differences between standards and budgets?
One similarity between standards and budgets is they are both predetermined costs. A major difference is that companies can report inventories using standard costs but not budget costs.
Difference between financial secretary and treasurer?
The treasurer collect the offering from the church and report it to the pastor in charge for record while the financial secretary documented every money collected form the offerings for balance sheet.
What is the difference between a header and a title on a report?
what is the difference between titles and headings in general.
What was the Production Budget for Minority Report?
The Production Budget for Minority Report was $102,000,000.
What was the Production Budget for Observe and Report?
The Production Budget for Observe and Report was $18,000,000.
What are the duties of a staff accountant?
Staff accountant is responsible for maintaining financial report general ledgers, records and prepares the budget. They also do meeting with the clients to discuss the financial matters such as liability and tax.
How do you develop budget report?
how to develop budget
Characteristic of a good feasibility report?
difference between feasibility report and project proposal
What information is included in the report to Congress drawn up by the director of the Office of Management and Budget?
his report analyzes the status of financial management in the executive branch; summarizes agency financial statements, audits, and audits reports; and reviews reports on internal accounting and administrative controls
