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What is the different between an objectives budget and operational budgets?
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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.
What is the responsibility of finance officer?
The finance officer reports major financial events to the CEO. They are also responsible for ensuring that departments budgets are aligned with the strategic objectives of the organization.
What are control mechanisms in a business?
Control mechanisms are things managers establish to ensure that their operations don't stray too far from their business objectives. For instance, budgets are considered a control mechanism.
All budgets depend on the sales budget?
Yes, all budgets depend on sales budgets because budgets can't exceed the amount of available money. When sales are poor, the budgets will be smaller.
What are non-financial budgets?
Budgets are not expressed in dollar value termed non-financial budgets.
What is operational budgets?
About operational budgets can be read in
What are the Objectives of cost control?
Cost control helps departments meet their budgets. Without cost controls, departments wouldn't meet their budgets and products would have to be overpriced to meet the budget overages.
What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
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.
What does rabostic stand for?
R Research and analysis A Audiences B Budgets O Objectives S Strategy T Tactics I Implementation C Control
What is the difference between governmental annual operating budgets and capital budgets?
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
The relationship between budgets and standard costing?
Facts and Fiction
What is responsibilities of officer?
The finance officer reports major financial events to the CEO. They are also responsible for ensuring that departments budgets are aligned with the strategic objectives of the organization.
What is the responsibility of finance officer?
The finance officer reports major financial events to the CEO. They are also responsible for ensuring that departments budgets are aligned with the strategic objectives of the organization.
Purpose and meaning of sales budget?
Basically... * as a starting point for all other budgets * to set objectives for sales * allocate resources and finance * based on assumptions about the maket
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.
How are state budgets different from federal budgets?
State budgets are, by nature, smaller than the Federal budget and are much more specific in their outlay. Federal budget are huge and have a proportionate amount of paperwork associated in providing for the good of the nation.
