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Author Question: Budgets incorporate managements goals and (Read 85 times)

RODY.ELKHALIL

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on: Mar 6, 2021

Question 1

Describe the benefits of preparing an operating budget to an organization.

Question 2

Budgets incorporate managements goals and
◦ are a strategic long range  plan
◦ are both a short range and long range profit plan
◦ includes  only financial aspects of an operation as those are the only items that can be quantified in a profit plan
◦ express management's operating and financial plan for a specified period - usually a fiscal year
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by RODY.ELKHALIL on Mar 6, 2021

sarajane1989

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Reply #1 on: Mar 6, 2021
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RODY.ELKHALIL

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Reply 2 on: Mar 6, 2021
Wow, this really help

recede

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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