Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Budgets
An essential planning component is budgeting. Budgets sketch the financial plans for an organization. There are number of budget types.
Operating Budgets -- A plan should provide definition of the anticipated revenues and the expenses of an organization and more. These operating budgets can become quite detailed, to the level of mapping of specific inventory purchases, staffing plans, etc. The budgets, oftentimes, delineate permissible levels of expenditures for various departments.
Capital Budgets - Operating budgets will also reveal the requirement for capital expenditures relating to new services and equipment. This longer term expenditure decisions should be evaluated logically to that determines whether an investment can be justified and what rate and the duration of payback is likely to happen.
Financial Budgets -- A company should assess financing requirements, including the evaluation of potential cash shortages. These tools enable companies to meet with lenders and that demonstrate why and when additional support may be required.
The budget process is very much important doesn't matter how painful the process may seem it is important to the viability of an organization. Several of the succeeding chapters are dedicated to helping you better understand the nature and the elements of the sound budgeting.
At the starting of the year, Asquith Company Ltd initiated a quality improvement program. The program was successful in decreasing scrap and rework costs. To help assess the impact
Compute the value of share of a company? A company paid dividend amounting to Rs. 0.75 each share during the last year. The company is supposed to pay Rs. 2.00 per share throug
Disadvantages of zero base budgeting 1) It is not suitable for all the activities in an organization 2) It has limited application in a profit making organization. In this c
Assumptions Underlying the CVP Analysis CVP analysis as discussed above is based on certain assumptions . if these assumptions are not recognized then serious error may result
Explain Profitability ratios in relation to sales a) Gross profit ratio b) Net profit ratio c) Operating ratio d) Operating profit ratio e) Expenses ratio
Compute the ending balance in the Work in Process inventory account. Assume that this balance consists entirely of goods started during the year. If $32,200 of this balance is dire
The significant functions of a treasury department are as given below: a) Setting up corporate financial goals Financial strategies and aim Treasury and financial po
The standard cost of chemical mixture ~ PQ’ is as follows: 40% of material P @ Rs. 400 per kg. 60% of material Q @ Rs. 600 per kg. A standard loss of 10% is normally anticipated in
The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipme
a certain company makes 3 products A,B and C and they use the same raw material zhong.details about each product is as follows.production units are 10 000 for A,8 000 for B,12 000
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd