Cash budget - budgetary planning and control, Cost Accounting

Assignment Help:

Cash Budget - Budgetary Planning and Control

This can records the cash outflows and inflows that are expected to take place in respect of every functional budget. This may be prepared for a duration span of one week, quarter or month of the budget period.  It has the given advantages/benefits as:

1. It ensures about enough cash is available when essential.

2. It implies whether capital expenditure projects can be financed internally.

3. It implies the cash needed for current operating activities.

4. It implies the effect the position of every seasonal requirements or needs, large stocks, unusual or abnormal receipts and laxity in collecting account receivable.

5. It implies the availability of cash for taking benefit of discounts.

6. It reveals the availability of excess cash hence short-term investments may be considered.

7. It serves like a basis for evaluating the genuine cash management performance of responsible managers.


Related Discussions:- Cash budget - budgetary planning and control

Prepare the journal entries to record depreciation, Moore Corporation follo...

Moore Corporation follows a policy of a 10% depreciation charge per year on all machinery and a 5% depreciation charge per year on buildings (the corporation uses the nearest full

Manufacturing a/c, value of which items are required to be put in a simple...

value of which items are required to be put in a simple format of manufacturing a/c.

Cost book-keeping, Cost Book-Keeping In cost account accounts, extensi...

Cost Book-Keeping In cost account accounts, extensive employ is made of control accounts that are based in the similar principles as those utilized in financial accounts.  Two

Trypanosoma, Place a prepared slide of Trypunosoma under tlic microscope an...

Place a prepared slide of Trypunosoma under tlic microscope and focus it under low power, You will observe large number of tiny spindle-shaped trypanosomes lying in the plasma alll

Explain inaccurate financial statemnts, Generally Accepted Accounting Princ...

Generally Accepted Accounting Principles (GAAP) are guidelines for companies to follow as they prepare and issue financial statemnents. Let's start by getting an understanding of

Government and nonprofit accounting, I need project help in Government and ...

I need project help in Government and nonprofit accounting, can you help me in look out this problems?

Importance of variance analysis, Importance of Variance Analysis Varia...

Importance of Variance Analysis Variance analysis is aimed at getting practical pointers to the purposes of off-the -standard performance hence management can improve operatio

Ow much overhead will be assigned to each sailboat produced?, ShipShape Com...

ShipShape Company makes 2 different types of boats, commercial fishing and sail boats both for recreation and competition. The company consists of two different departments, design

Marginal costing, MARGINAL COSTING As per the Chartered Institute of Ma...

MARGINAL COSTING As per the Chartered Institute of Management Accountants, London, the phrase 'Marginal cost' means - 'the amount at every given volume of output through which

Marginal cost, Marginal Cost Marginal cost is the change in a firm's co...

Marginal Cost Marginal cost is the change in a firm's cost of production. It is related to a unit change in its output, or the added cost of producing the next unit. The margin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd