Our blogger you get the free items with any download problems. we update the blogger on the daily basis and upload the new items on the bloggers.
IN this pages get the items for your minds and your get free items and others many sames things in this pages, so your find the items and enjoy the life
Question:
|
Define sale budget and what is the
purpose of sales budget?
|
Answer:
|
Sales Budget generally forms the
fundamental basis on which all other budgets are prepared/estimated. The
budget is based on projected sales to be achieved in a budget period. The
Sales Manager is directly responsible for the preparation and execution of
this budget. The main purpose of sale budget is to make a forecast about
sales and try to achieve spacified level of budget.
|
Question:
|
What is Margin Safety and what is
Margin Safety ratio?
|
Answer:
|
The margin of safety is the
difference between budgeted sales volume and break-even sales volume; it
indicates the vulnerability of a business to a fall in demand. It is often
expressed as a percentage of budgeted sales Margin of safety = Budgeted sales
– Break-even sales Margin safety rario = Budgeted sales – Break-even sales /
sales x 100
|
Question:
|
What is the object or the purpose
of budget?
|
Answer:
|
Objective of Budget 1. Profit
maximization. 2. Maximization of sales. 3. Volume growth. 4. To compete with
the competitors. 5. Development of new areas of operation. 6. Quality of
service. 7. Work-force efficiency.
|
Question:
|
What is the purpose of
"Production budget"?
|
Answer:
|
This budget provides an estimate
of the total volume of production distributed product-wise with the
scheduling of operations by days, weeks and months and a forecast of the
inventory of finished products. Generally, the production budget is based on
the sales -budget. The responsibility for the overall production budget lies
with Works Manager and that of departmental production budgets with
departmental works management Production budget may be expressed in physical
or financial terms or both in relation to production.
|
Question:
|
Definition of Management
Accounting.
|
Answer:
|
“Process of identification,
measurement, accumulation, analysis, preparation, interpretation and
communication of information (both financial & operating) used by the
management to plan, evaluate and control within an organization and to assure
use of and accountability for its resources.”
|
No comments:
Post a Comment