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BUDGET
A BUDGET is a quantitative expression of a business plan for a particular future period, generally a year.
BUDGET is the planned future course of action.
BUDGET is a plan of action expressed in non-financial or financial terms. BUDGET is a financial or quantitative statement prepared previous to a defined period of the policy to be pursued during the period for that purpose of attaining a given objective - ICMA.
Q. Show the Break-even charts? Refers graphically profit and losses at different levels of sales volume achieved. When sales revenue is greater than total cost it m
Variable Overhead Variance This is the dissimilarity between the variable overheads absorbed and the actual variable overheads warned. Therefore it can be described as the und
After you have studied this section, you should be capable to: know the idea of funds flowing by a business in a dynamic situation understand the role of working capital
Both the parts, Profit and Loss Account and Trading Account of last account are interdependent upon each other. Gross Profit or loss plays a very important role in the calculation
costing in respect of mathematical accounting a research project.
Break-Even Analysis Break-even point is the volume of sales at that there is no loss or. Break-even charts graphically show the relationship of cost to profits and volume and
types
Process Cost Report This is a commonly employed statement that traces the flow of units produced and costs incurred in the production process. The report is prepared for every
Standard Cost Card It is a card record of the Standard or expected costs in producing a specified output. This gives the physical quantities of inputs and also their monetary
advantage of marginal costing
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