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By definition, a flexible cash budget is a cash budget with wiggle room, in lay terms. It can be adjusted or flexed with varying circumstances as they arise.
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What is the primary purpose of a cash budget?
The primary purpose of a cash budget is to limit spending. A cash budget can also help people track their spending.
What three budgets are included in a financial plan?
The capital budget, the cash budget, and the operating(master) budget.
What information is found on a flexible budget report?
Flexible budget reports are another type of internal report. The flexible budget report consists of two sections: (1) production data for a selected activity index, such as direct labor hours, and (2) cost data for variable and fixed costs. The report provides a basis for evaluating a manager's performance in two areas: production control and cost control. Flexible budget reports are widely used in production and service departments.
Payment by check or payment by cash?
cash payment limited for budget 2010-2011
What is the similarity and difference between the cash budget and long term financial planning?
what is the difference and similarity between cash budget and long term financial planning
Explain how a fixed cash budget differs from a variable or flexible cash budget?
fixed budget is prepared at the start of the period and flexible budget is prepared at the end of period it is adjusted from current activity level of company...
Is Static planning budget and flexible budget or Flexible budget and actual results comparisons that best isolates the impact that changes in prices of inputs and outputs have on performance?
flexible budget and actual results
The main difference a flexible budget and a static budget is that a flexible budget does not contain fixed costs true or false?
true
What is flexible budget?
Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.
What is the difference between a fixed budget and a flexible budget?
is a plan for a single level of production, whereas a flexible budget can be converted to any level of production.
What is the primary purpose of a cash budget?
The primary purpose of a cash budget is to limit spending. A cash budget can also help people track their spending.
What information is needed in order to prepare a cash budget?
A cash budget begins with the starting cash balance to which cash inflows are added to get cash available.
What is the difference between a rolling budget and a flexible budget?
Here are the differences between the two: Flexible Budget-A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity. Rolling Budget-Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances. Hope this helps!
Which budget is prepared last?
Cash Budget
Explain how a activity based flexible budget differs from a conventional flexible budget?
there are some difference among activity based flexible budget and conventional fllexible budget, the main differ is number of cost driver that use to allocat OHC, so my dissertation about this subject
What is a sample cash budget?
A sample cash budget will just indicate the various sources of revenue and how it is to be spent. A cash budget is influenced by previous income and expenditure ventures.
The need for an increase or decrease in short-term borrowing can be predicted by?
a cash budget.
