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They need to have a budget because they have to know how much money will be needed on the plan
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How are statistics budgets revenue budgets and operating budgets related?
ask your brain
What is the difference between charity and foundation?
Charities are organizations set up to aid those in need. Foundations might be considered as organizations that engage in funding different organizations such as charities.
How the budgeting process in an organisation benefits a functioning standard costing system?
Standard costing is an easy way to assign costs to products. With an easy approach, organizations can create and plan budgets easier.
What is the effectiveness of budget in achieving organizational strategic goals?
Budgets play effective role in achieving organizational strategic goals in this sense that these budgets are the ways through passing which you reach at your strategic goals. In budget development process you try to foresee that will you successfully reach at your strategic goals or not . Budgets sets the standards to achieve goals and with the help of these standards organizations can evaluate the fluctuations occur during the year and try to ascertain the reasons from deviating from achieving the define goals.
What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
Why does a business need to set budgets?
it is important they set budgets because they could easily need more than they can pay.
How do non-governmental organizations differ from national governments?
NGO's have more limited budgets
What are some organizations set up to help military heroes?
What are some organizations set up to help military heroes?
Why do governments set up budgets?
to do so governments make up a budget,or plan for collecting and spending money
What is the importance of the domain of ethics to organizations?
The importance of the domain of ethics to organizations is that they have a set of rules or principles which they abide by. This makes it easy to enhance professionalism in the organizations.
How are statistics budgets revenue budgets and operating budgets related?
ask your brain
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 is operational budgets?
About operational budgets can be read in
What are non-financial budgets?
Budgets are not expressed in dollar value termed non-financial budgets.
What has the author James R Griesemer written?
James R. Griesemer has written: 'Accountants' and administrators' guide' -- subject(s): Finance, Local budgets, Nonprofit organizations, Program budgeting
What is the difference between charity and foundation?
Charities are organizations set up to aid those in need. Foundations might be considered as organizations that engage in funding different organizations such as charities.
What are the advantages of the modified cash basis of accounting?
Advantanges of the modified cash basis of accountingSimple, cheap and easily understoodDoesnot involve estimating unlike accrualThe method facilitates monitoring of actual against budgets where budgets are set on cash terms
