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What is the term for the annual statement detailing financial proposals for funding the policies of the nation?

(budget)


Why do organisations need policies regarding expenditure and financial management processes?

Organizations need policies regarding expenditure and financial management processes to ensure accountability, transparency, and consistency in financial decision-making. These policies help mitigate risks of fraud and mismanagement by providing clear guidelines for budgeting, spending, and reporting. Additionally, well-defined financial policies facilitate compliance with legal and regulatory requirements, ultimately supporting the organization's financial health and operational effectiveness.


The principal architect of Coolidge's financial policies was?

Andrew Mellon


When creating financial reports what sources of information need to be analysed?

When creating financial reports, key sources of information to analyze include the company's financial statements (income statement, balance sheet, and cash flow statement), accounting records, and transaction data. Additionally, external data such as market trends, industry benchmarks, and economic indicators can provide context and insights. It's also important to consider any relevant financial policies and compliance requirements. Analyzing these sources ensures the reports are accurate, comprehensive, and useful for decision-making.


What are main elements of financial system in the Philippines?

One of the main elements of the financial system in the Philippines is financial claims. Other main elements are financial institutions, financial markets, government agencies, and law and policies.

Related Questions

What is the term for the annual statement detailing financial proposals for funding the policies of the nation?

(budget)


What Is the best term for the annual statement detailing financial proposals for funding the policies of the nation?

(budget)


What is finalization of accounts?

Finalization of accounts is to prepare financial reports along with comparision and brefing of company's financial reports include (Income Statement, Cash flows, Balance Sheet, Statement Chages in Equity, Policies and disclousers) .


What is final accountant?

Finalization of accounts is to prepare financial reports along with comparision and brefing of company's financial reports include (Income Statement, Cash flows, Balance Sheet, Statement Chages in Equity, Policies and disclousers) .


What does Genworth Financial do?

It is a company that offer life insurance policies to the public. Genworth Financial also provides many different other financial services outside of insurance policies.


What is a financial elk?

someone who buy policies


How did thomas jefferson change the federal financial policies?

Thomas Jefferson did change the federal financial policies by opposing a very strong centralized government.


What does the chancellor of exchequer do?

Makes decisions on Britain's financial policies.


Name for American Financial policies in 1980's?

Reaganomics


What is the department of education's job?

to set policies on financial aid


The principal architect of Coolidge's financial policies was?

Andrew Mellon


Why is consistency important in accounting?

In order to achieve comparability of the financial statement of an enterprises through time, the accounting policies are followed consistently from one period to another; a change in an accounting policy is made only in certain circumstances.