Pre-requisites to apply Budgetary Control
Write down the pre-requisites to apply Budgetary Control?
Expert
The pre-requisites to apply Budgetary Control are illustrated below: - First a Budget Centre which is that segment of the organization for that the budget will be made must be clearly defined. -Budget Period or the time period for that the budget will be made and functioned must be settled on cautiously. It must neither be too long nor too short. - A well-organized and appropriate system of accounting must be set up so that the information required for the appropriate implementation for the budgetary control can be accessible on time. - An appropriate organizational chart must be prepared appropriately, clearly describing the duties and responsibilities of each level of executive. - A budget manual, a significant document in relation to the budgetary control. It must be fine written, divided and indexed into segments. It must include objectives and principles of budgetary control, responsibilities and duties of each executive in the organization, budget diagrams, accounts codes, and so forth. - A budget key factor must be assessed before making other functional budgets to make sure that other functional budgets are able of accomplishment.
What did Freedmen’s Bureau do?
Conduct an internet search by using the terms Darwin and Moths ("Darwin Moths", without the quotes). Learn about this famous illustration of Darwin's theory of natural selection, and write a brief paragraph describing it.
What are the merits and demerits of the techniques shown below of depreciation? • Straight line process • Reducing balance process• Revaluation process • Usage process &b
Write down the chief categories under which budgets are divided?
Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the
Write an article on Goal programming model to address the selection of the best group of quality control instruments in designing a quality control system for service organizations.
State some of the problems which may enter into capital budgeting analysis in case project debt is computed rather than borrowing capacity made by the project?
Simply define and illustrate the Money market?
Need for valuing goodwill: If the mutual rights of the partners modifies then the party which makes a sacrifice should be compensated. This basis of compensation is goodwill therefore we require calculating goodwill. Mutual rights change beneath follo
Explain some of the reasons why international foreign trade is difficult and risky from the perspective of exporter than is domestic trade.
18,76,764
1937954 Asked
3,689
Active Tutors
1425191
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!