Define Budget Manual
Give a short introduction of the term ‘Budget Manual’?
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Budget Manual is a document which standardized techniques and processes necessitated in relative to budgetary control. It as well sets out the liability of persons engaged in the procedure. A budget manual must consist of the following particulars which are illustrated below: - Responsibilities and Duties of the diverse executives - Organization plan - Duties of budget committee and budget office - Budget centre codes and Accounts codes - Budget figures
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Atypically large proceeds made by an individual or company from commercial activity. An abnormal profit exceeds the normal chance for profit derived from labor costs and capital and considered normal profit. Abnormal profit in a business resides of monopoly and consortium profits.
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DESCRIBE THE ADVANTAGES AND DISADVANTAGES OF MONEY MEASUREMENT CONCEPT
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