Meaning of budget, Cost Accounting

BUDGET

A BUDGET is a quantitative expression of a business plan for a particular future period, generally a year.

BUDGET is the planned future course of action.

BUDGET is a plan of action expressed in non-financial or financial terms. BUDGET is a financial or quantitative statement prepared previous to a defined period of the policy to be pursued during the period for that purpose of attaining a given objective - ICMA.

Posted Date: 10/15/2012 7:43:12 AM | Location : United States







Related Discussions:- Meaning of budget, Assignment Help, Ask Question on Meaning of budget, Get Answer, Expert's Help, Meaning of budget Discussions

Write discussion on Meaning of budget
Your posts are moderated
Related Questions
Standard Costs Establish the Minimum Desirable Costs When actual costs incurred exceed or else are below the standard costs, we after that investigate the variances along with

Tracking Direct Materials Jack keeps full records of the material released to each job. When Donnie gathered up light bulbs, tape, breakers, wire, and wire nuts on the morning

Suppose that $4 million is available for investment in three projects.  The probability distribution of the net present value earned from each project depends on how much is invest

The following is a summary of a cash book for the year ended 31 April 2012 Payments                              $              Receipts                                    $

Budgeted direct labour cost 75000 hours @ $16 per hour Budgeted manufacturing overhead 80 000 hours @ $17.50 per hour Actual direct labour cost $997 500 Budgeted manufa

Standard Cost Card It is a card record of the Standard or expected costs in producing a specified output.  This gives the physical quantities of inputs and also their monetary


Q. Calculate contribution to sales ratio? Contribution per unit= sales price per unit less variable cost per unit Break-even volume = Fixed overhead/Contribution per uni

Determine When to Stock It will be influence with the inventory system in place as given: 1. Periodic order system. The firm obtains a new order of the amo

some clarificationon how to compute closing stock and openning stock using marginal costing technique and absorption.