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What are the various types of functional budgets?
Functional budgets are categorized into several types based on the specific operations they cover. Common types include sales budgets, production budgets, cash budgets, and expense budgets. Each type focuses on different aspects, such as projected sales revenue, anticipated production costs, cash flow management, and operational expenses, respectively. Together, these budgets help organizations plan and control their financial resources effectively.
how do expenses and revenues affect the specific types of budgets outlined?
Expenses and revenues are crucial in shaping various types of budgets, such as operating, capital, and cash flow budgets. Operating budgets focus on day-to-day expenses and revenue generation, ensuring that income covers operational costs. Capital budgets allocate funds for long-term investments based on anticipated revenue generation, while cash flow budgets monitor the timing of cash inflows and outflows to maintain liquidity. Together, these budgets help organizations plan effectively and make informed financial decisions.
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.
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 are non-financial budgets?
Budgets are not expressed in dollar value termed non-financial budgets.
How many budgets have been presented up to date?
Budgets for what specifically?
What is the department strategy and budgets?
A department of strategy and budgets dur lol
What impact did the Korean war have on us budgets?
One impact that the Korean War had on US budgets was that military spending increased and became a larger proportion of future budgets.
Why should you have a budget?
Budgets are tools for control and management. With the help of budgets company evaluates that how well its management has performed as well as budgets are used for performance measurement.
What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
What impacted the Korean War have on US budgets?
One impact that the Korean War had on US budgets was that military spending increased and became a larger proportion of future budgets.
