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What is the difference between governmental annual operating budgets and capital budgets?
Wiki User
∙ 13y ago
annual operating budgets include estimated revenues and appropriations for expenditure for a specific fiscal year. Capital budgets control the expenditures for construction projects and fixed asset acquisitions
Wiki User
∙ 13y ago
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What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
How are statistics budgets revenue budgets and operating budgets related?
ask your brain
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.
Relationship between budgets and standard costing?
they both involve the determination of future costs
What is the disadvantages of cash budgets?
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
How are statistics budgets revenue budgets and operating budgets related?
ask your brain
How would you describe a master budget?
A master budget is comprised of operating budgets and financial budgets.
How would you describe an operating budget?
An operating budget outlines the expected revenues and expenses for a specific period, usually annually. It helps businesses plan and control their financial resources effectively by setting targets and guiding financial decisions. It typically includes details on sales projections, production costs, operating expenses, and profitability goals.
How do non-governmental organizations differ from national governments?
NGO's have more limited budgets
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.
What is the difference between capital and operating budgets?
operating budget pays for day-to-day expenses, like salaries of a state employee and capital budget pays for major capital, or investment, spending, like building a bridge the money comes from there.
How does management use an operating budget How do they use an activity based budget What are the similarities and differences between these types of budgets?
The key to a successful financial reporting system is an operating budget in order to compare your actual operating results. Managers use the operating budget for planning in setting goals and developing strategies to achieve those goals. Budget will demonstrate how resources will be developed to implement strategy. Managers use the operating budget for strategy, long-run planning strategic plans, long-run budgets, short-turn planning operating plans, and short-run budgets. The operating budget will aid management for a specific period and [b] an aid to coordinating that needs to be done to implement that plan.
What does AOP stand for in sales?
Annual Operating Plan - the revenue targets for sales and the operating budgets for internal groups needed to achieve those targets
What three budgets are included in a financial plan?
The capital budget, the cash budget, and the operating(master) budget.
Name three types of business budgets?
cash budget, operating budget, and start-up budget. ......your welcome.
What is the key difference between the federal budget and individual state budgets?
Federal a national budget with funds to support the military, and federal programs. The state budget is only for that state.
