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.
Explain the world beta concept of a security.
Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require
Super Profit Method: (Goodwill method): When a firm earns huge profit in comparison to normal profit (usually earned by other firms of similar industry) then the difference is termed as Super Profit. Goodwill is computed on the basis
The Webster Company uses the aging method to estimate the allowance for doubtful accounts. The following schedule of accounts receivable was prepared as at December 31, 20x6: Age Balance % uncollectible 0-30 days $674,000 0.5% 31-60 days 186,000 1.2% <
Give a short introduction of the term ‘cash budget’? And also write down the dissimilar techniques to make it?
The progressives were fascinated in “making people better.” What types of things were they fascinated in changing and who were they aiming their changes at?
What is equipment expense or what are equipment expenses?
Given that the appropriate discount rate is 10% and that the first of these dividend payments will occur 1 year from now, find the present value of the dividend stream; that is, calculate the PV of D1, D2, and D
Explain the term Company in reference to Accounting?
Explain the importance in studying the international financial management?
18,76,764
1932017 Asked
3,689
Active Tutors
1413704
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!