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What is Master budget
Financial budget are concerned with cash receipts and disbursements working capital. Several functional budgets are integrated into master budget. This budget is prepared by the ultimate integration of divide functional budgets. According to I.C.W.A London the master budget is the summary budget incorporating its functional budgets master budget is prepared by the budget officer and it remains with the top level management. This budget is used to co ordinate the activities of several functional departments and also to help as a control device.
A bill is explained as an unconditional order in writing, addressed through one person to the other, signed through the person providing it, requiring the person to whom it is addr
DOMINANCE Dominance strategy is useful for reducing the size of the payoff table. Rules of Dominance: 1) If all the elements in a column are greater than or equal to the
Cost comprise impact Some of the policy choices which tend to have the maximum impact on cost comprise: Product performance, configuration, and characteristics Mix and
Firms need cash to invest in inventory, receivables and fixed assets and to create payments for operating expenses, so as to increase earnings and sales and make sure the smooth ru
A local government authority owns and operates a leisure centre with numerous sporting facilities, residential accommodation, a cafeteria and a sports shop. The summer season lasts
in the past,the company had difficulties separating semi-variable costs between varible and fixed costs.the company''s varible cost per unit consists of the cost of patrol,maintena
analyse the methods of capital investment appraisal
can you better explain to me the classification by traceability and the classification by function?
Alternative performance measures There are various measures that can be used to measure performance of a decentralized company. The major ones are: • Return on Investmen
Advance Factoring and Maturity Factoring: In both recourse and non-recourse factoring whether the factor advances cash against book debts to the client instantly on assignment
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