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what is Long term budgets
Long term budgets: The budgets are prepared to depict long term planning of the business. The period of long term begets various between five to ten years. The long term planning is done by the top level management; it is not generally known to lower levels of management long time begets are prepared for some sector of the concern such as capital expenditure research and development long term finances etc. these budgets are useful for those industries where gestation period is long i.e., machinery electricity engineering etc.
Difference between Direct labour and Indirect labour Direct labour:- Labour which plays an active and direct part in the production of a particular commodity is called di
Receivable management is a specialized activity and needs various time and effort on the part of the firm. Collection of receivables frequently poses problems, mainly for small and
The Work in Process account for Monty's Company contained the following entries: Work in Process Account Debit of $40,000 for direct raw materials Debit of $60,000 for direct labor
major ways that these complexities might impact a business
WHAT IS PRIME COST?
Treasury management is explained as "the corporate handling of all financial matters, the production of external and internal funds for business, the management of cash flows and c
costs/per unit labor ... $ 4 materials ...5 fixed cost... $ 12 determine the break even point in units if the seeling price is $ 19 determine the break even point in sales at
What is Programmer budgeting It is a combination of programming and systems refers to the activity and system analysis refers to cost benefit analysis or operations research. I
One of the main deities of the financial manager is to keep a sound liquidity position for the firm hence the dues are settled as and while they mature. Separately from this the fi
What is cvp?
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