0
When preparing a merchandise purchase budget the required purchase in units equals?
Wiki User
∙ 14y ago
budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What are the estimated cash disbursements for inventories for the budget period?
From purchases. after getting the required purchase.
A plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period is called a?
cash budget
What are the different types of functional budgets?
There are a few different types of a functional budget. These include a sales budget, production budget, and a purchase budget.
Is the budgeted income statement prepared before the sales budget?
Budgeted income statement is prepared at the last after preparing all other budgets and sales budget is the starting point of budgeting process.
What is a direct labor budget?
Direct labor budget tells the management that how much direct labor is required to finish the production of units.
What are the estimated cash disbursements for inventories for the budget period?
From purchases. after getting the required purchase.
Who is a president when preparing the budget?
Barry is that you?
The office of management and budget has the primary responsibility for doing what?
preparing the budget
Do you think preparing a budget helps decision making?
a budget is not just a helper, it is essential.
What agency has the most responsibility for preparing the federal budget?
office of management and budget (OMB)
Preparing a budget showing both anticipated and actual expenses What kind of budget would it be?
It would be an expense budget.
When preparing a budget a person must consider their?
Income
A plan that reports the units or costs of merchandise to be purchased by a merchandising company during the budget period is called a?
cash budget
The federal budget process begins with?
The process of preparing a federal budget is first knowing what the budget is. The president then has to submit his budget requests to Congress.
Which government agency is responsible for preparing a budget proposal for the president to submit to Congress?
the Office of Management and Budget (OMB)
What government agency is responsible for preparing a budget proposal for the president to submit to congress?
Office of Management and Budget (OMB)
What is the sequence of steps in preparing the national budget?
The executive branch writes a preliminary budget proposal. Congress decides on the details of the budget. The president signs the completed budget into law.
