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Equilibrium in budgeting refers to a state where an organization's revenues match its expenses, resulting in a balanced budget. This means that the income generated is sufficient to cover all planned expenditures without creating deficits or surpluses. Achieving equilibrium helps ensure financial stability and promotes effective resource allocation. In practice, it involves careful planning and monitoring of financial activities to maintain this balance over time.
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What is another term for marketing clearing price?
equilibrium price
What is the state of equilibrium called?
Dont u mean what is equilibrium?
Define the term equilibrium Explain the changes in market equilibrium and effects to shifts in supply and demand?
madarchode machudda
What does equilibrium and equilibrium mixture mean?
A quantity that characterizes the position of equilibrium for a reversible reaction; its magnitude is equal to the mass action expression at equilibrium. K varies with temperature.
Which of the following is another term for market clearing price?
equilibrium price
What the difference between short-term intermediate and long-term budgeting goals?
Short term... budgeting from one pay-day to the next. Medium term... budgeting for a larger expense (such as a holiday) Long term... budgeting for a very big expense (ie a car or house)
Which term describe the state of balance?
Homoeostasis. (Chemistry, biology) Equilibrium. (Physics, mechanics)
What is another term for marketing clearing price?
equilibrium price
What is the Medical term meaning equilibrium of a system?
Homeostasis means equilibrium of a system.
A clinical term for balance is?
Answer- Equilibrium
How would you describe Kaisen budgeting?
Kaisen budgeting, a term borrowed from Japanese, is a budgeting approach that explicitly demands continuous improvement and incorporates all the expected improvements in the budget that results from such a process.
What is the state of equilibrium called?
Dont u mean what is equilibrium?
What term refers to balance?
symmetrical.
What does the word budgeting mean?
Budgeting means making a financial plan about how much money to spend on specific items. You might say for example, I am budgeting a thousand dollars for snacks.
What does Equilibrium mean in medical terms?
Essentially balance. One is reminded of the phrase used on blimps and Tankers, where huge quantities of fluids had to be carefully weighed-off as ( Weighed off and In Equilibrium ! prior to the take-off of the Blimp.
What is the term for which supply and demand are exactly equal?
Equilibrium
What is another term for market price?
equilibrium price
