Solution-Why is the budget given this much importance at

Why is the budget given this much importance at government

Assignment Help Accounting Basics

Reference no: EM133031627

Question - As an accounting professional, you are accustomed to using a budget as a financial decision-making tool, whereas in governmental and not-for-profit accounting, a budget is mandatory.

-Why is the budget given this much importance at the government and non-for-profit levels?

-Why is understanding and applying the concept of "interperiod equity" necessary in planning your organization's budget and its actual implementation?

Reference no: EM133031627

Questions Cloud

Compute the current ratio at the end : Problem - Assuming Byrd's current assets were $1,200,000 and its current ratio was 2.4 at the end of 2015, compute the current ratio at the end of 2016

Unit 20 Business Ethics Assignment : Unit 20 Business Ethics Assignment Help and Solution, Pearson BTEC International Level 3 Extended Diploma In Business - Assessment Writing Service

Concealment of beneficial ownership : In July 2018 FATF reported on the concealment of beneficial ownership as they were concerned that many of the tools that were designed to encourage business gro

Manufacturing planning and control strategy : The good planning strategies help the organization with the right Product, right place, right quantity and right time there are several planning strategies that

Why is the budget given this much importance at government : Why is the budget given this much importance at the government and non-for-profit levels? Why is understanding and applying the concept of "interperiod equity"

What the entry to record the purchase of the call option : At December 1, 2021, the options expire with no value. What the entry to record the purchase of the call option

What are service-oriented architectures : 1. Describe TQM, Six Sigma and CMM (CMMI). 2. What is a Structured Walk-thru? 3. What are Service-Oriented Architectures?

Relationship with the customer after the sale : Dell Computer has excelled with a fast-paced build-to-order approach that involves taking customer orders online, orchestrating production tailored to each cust

Prepare a budget performance report for the supervisor : Prepare a budget performance report for the supervisor of Department 6 of Cardinal Company for the month of March

User Account

All Pages

Why is the budget given this much importance at government

Reference no: EM133031627

Reference no: EM133031627

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT