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what are the steps to be followed to prepare a budget usuing the mtef method

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11y ago

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Related Questions

Which budget is prepared first?

The sales budget is the first budget to be prepared.


What is a budget which is prepared for one level of activity?

a budget which is prepared for one level of activity is:


Which budget is prepared last?

Cash Budget


Why is the Sales budget the first budget to be prepared?

Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?


When is manufacturing cost budget prepared?

manufacturing budget is prepared after the revenue, production and direct metrical usage budget because u need the solution from the production budget


What is a budget that is prepared for one level of activity?

The budget that is prepared for one level of activity is known as a static budget. A static budget is often one of many other budgets that are created off of a master budget.


Who prepares a master budget?

it is prepared by the appointed , qualified budget comitee


When is Direct Labor Budget prepared?

Direct labor budget is prepared during planning stage before the actual production starts.


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...


What budgets are prepared before the sale budget is it the budget income statement or the direct labor budget?

NONE


What is the budget on designing a house?

It depends on how much money a person is prepared to spend which is your budget.


How would you describe an incremental budget?

An incremental budget is a budget that is prepared based on prior-year figures, allowing for factors such as inflation.