balanced budget requirements
Study Island: balanced budget requirements
There are several controversies.
The federal government is allowed to increase its debt cieling, while the states are not allowed to run perpetual deficits.
Another controversy is the way the federal government creates laws. The feds sometimes create laws that the states are required to implement without federal funding.
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The activity based budgeting will give a percentage of the budget to the sections that are the most used. Traditional just splits it all up evenly.
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)
Merit Principles are the "do's" and Prohibited Practices are the "don'ts"
the different between public and private wants is on the financial means availlable and on the budgeting procedure
capital expenditure budget is a part of cash budget.cash budget involves managerial activities while capital expenditure budget involves day to day activities may be for long range or short range
1. poor alignment between strategy and capital budgeting 2.deficiencies in analytical techniques 3.no linkage between compensation and financial measure 4.reverse financial engineering 5.weak integration between capital budgeting and expense budgeting 6.inadequate post-audit. answers given by Shailesh sharma.
Suggest you look at the CIMA website for excellent resource material on budgeting www.cimaglobal.com go to resources and search from there
The Sacramentarian Controversy was the first doctrinal dispute between Protestants, dividing the Zwinglians from the Lutherans.
Capital budgeting is related with the investments decisions which has to be made in long-term fixed assets and working capital management. Capital structure is related with the financing decisions regarding the debt and equity combinations,in which proportion debt and equity has to be maintained.
Capital budgeting is related with the investments decisions which has to be made in long-term fixed assets and working capital management. Capital structure is related with the financing decisions regarding the debt and equity combinations,in which proportion debt and equity has to be maintained.
There is a need for correlating budgeting with planning because without a budget the plan could not be put into reality.