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What is the difference between a rolling budget and a flexible budget?
Here are the differences between the two: Flexible Budget-A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity. Rolling Budget-Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances. Hope this helps!
Advantage of rolling budget?
A rolling budget helps mask overspending. With a rolling budget, managers and employees can correct spending problems on a daily basis.
What is the difference between budget center and cost center?
Japtj
How rolling budget system would operate?
A rolling budget system is one in which a budget is updated to add a new budget period once the most recent period has completed. Another term for this type of system is "continuous budgeting."
What is the difference between a fixed budget and a flexible budget?
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
What are the differences between continuous and rolling budget?
A continuous budget is a rolling budget.
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.. :)
What is the difference between a rolling budget and a flexible budget?
Here are the differences between the two: Flexible Budget-A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity. Rolling Budget-Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances. Hope this helps!
Advantage of rolling budget?
A rolling budget helps mask overspending. With a rolling budget, managers and employees can correct spending problems on a daily basis.
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
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
Is the budget for Tennessee annual or biennial?
Annual
What is the difference between budget center and cost center?
Japtj
Is Alabama's state budget annual or biennial?
Neither its open
What is the glacial budget?
the difference between glacial accumulation and glacial waste
