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What is Fixed budget
The fixed budget is prepared for a given level of activity the budget is prepared before the beginning of the financial year. If the financial year starts in January then the budget will be prepared a month or two earlier, i.e., November or December. The change is expenditure arising out of the anticipated changes will not be adjusted in the budget. There is a difference of about twelve months in the budgeted and actual figures. According to I.C.W.A, London, fixed budget is a budget which is designed is suitable under static conditions. If sales expenses and cost can be forecasted with greater accuracy then this budget can be advantageously used.
What the traffic can bear pricing Pricing based on what the traffic can bear is not a sophisticated method. It is used by retail traders as well as by some manufacturing firms.
depreciation,depletion and amortisation
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full explaination with diagram
EMERALD LTD is planning an expansion programme,which will require Rs 30 crores & can be funded through one of the following 1.issue further equity share of Rs 100 each at par.
define budget control system
Predisco ( like myob) online project, please let me know if u can do it.
Describe Benchmarking It is the process of measuring products service or activities against the best level of performance which may be found either inside or outside the organi
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