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The stages in a budgeting process normally start with a communication from the centre as to what the budget policy is for the year with guidelines and briefing notes. You then identify the limiting factor that will restrict performance, and in most companies that is the level of demand. So the first element that you tend to prepare in a budget is the sales budget.
What else can I help you with?
What process did Columbus and his followers begin?
the process of modern exploration and european colonization of the americans
When did humans begin making ceramics?
6000 BC
How would you describe the process of updating a budget?
variations of budgets are continuous budgets and continuously updated budgets. Rather than preparing one budget for the upcoming year, in a continuous budget one updates the budget for the following twelve months at the end of each month or each quarter.
When did the tradition of making a pinky promise begin?
The tradition of making a pinky promise is believed to have originated in Japan in the 16th century.
In the US who first proposes the federal budget?
There are two ways of looking at this. The President through the Office of Management and Budget makes an initial request of Congress.The legislation for the budget starts in the US House of Representatives, technically this is where the process starts. However they usually work from the outline from the OMB. the president--APEX
What characterizes the budget-making process?
Incrementalism
What characterizes the budget making process?
Incrementalism
Who characterizes the budget making process?
Incrementalism
How did the process of uniting Italy begin?
they formed groups in the new italy and they begin making the process of uniting with the aztecs.
Is Budget making is primarily a planning process whereas its administration is a part of controlling?
The administration controls the allocation of resources for a particular company. The making of the budget is the primary planning process by which this allocation of resources is decided.
How do you critically access the budget process in Nigeria and highlight its implication for National development?
To access (meaning get into) a budget process one has to be a politician or civil servant tasked with the job of making a budget for the country.
When does the federal budget process begin?
begins wth the federal agency estimates
What are the structures on the endoplasmic reticulum that begin the process of making proteins?
The ribosomes.
What are the structures on the endoplasmic reticulum that begin the process of making proteins called?
Ribosomes.
What phase of the budget process produces the President's budget?
Budget
What does a budget process entail?
what does the budget entails
What impact does the tax code have on the budget making process?
Changes in the tax code can change the amount of revenue the government takes in.
