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Write the difference between budget & budgeting?
Ans) An estimation of the revenue & expenses over a specified future period of time. A budget can be made for a person, family, country, multinational organization or just about anything else that creates and spends money. A budget is a microeconomic concept that describes the tradeoff made when one good is exchanged for another.
Budgeting lies at the foundation of every financial plan. It doesn't matter if you're living paycheck to paycheck or earning six-figures a year, you require to know where your money is leaving if you want to have a handle on your finances.. It really about understands how much money you have, where it goes, and then planning how to best assign those funds. Here's everything you require to help you create and maintain a budget
The Braggs & Struttin' Company produces an engine for carpet cleaners called the "Snooper." Budgeted cost and revenue data for the "Snooper" are given below, depends on sales of 40
Q. Neutrality of accounting information? The Neutrality signifies that the accounting information must be free of measurement method bias. The primary concern must be relevance
Super stockist is one who supply product to n no. of distributor in area. Distributor is one who supply to dealers in the area
Q. What do you mean by Breakeven point? Breakeven point -- the amount of revenue from sales that exactly equals the amount ofexpense. Breakeven point is generally expressed as
How do I do case problem level 1 for chapter 3 of succeeding in business with Microsoft excel 2013?
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the consequences of non-compliance of each of the accounting concepts.
Determine the terms of Recording sales of merchandise The SALES ACCOUNT is a temporary account with a normal credit balance. It's ONLY used to record sale of merchandise on
Honesty AL, CPA, is compiling financial statement of significant accounting policies, Honesty AL discovers that the method used to value inventory in the past was stated as "invent
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