__ shows the total allocation in addition to helping the officer spend based on the budget when making the transfer of allocation. A. pegawai pengawal / controlling officer B. buku vot / vote book C. laporan kewangan / financial reports D. buku audit / audit book
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__ shows the total allocation in addition to helping the officer spend based on the budget when making the transfer of allocation.
A.
pegawai pengawal / controlling officer
B.
buku vot / vote book
C.
laporan kewangan / financial reports
D.
buku audit / audit book
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- Identify the document that contains the information listed in these lines from the budgeted balance sheet shown. Accounts receivable Finished goods inventory Machinery Accumulated depreciation Notes payable Common stockAccording to institute of Cost and Management Accountants (ICMA) a budget is a plan, quantified in monitory terms showing the income to be the generated, the costs to be incurred and the resources to be utilized for the defined period of time. Required: Explain the following terms connected with a budget (i) The budget period (ii)The budget Manual (iii)The budget committeeAccording to institute of Cost and Management Accountants (ICMA) a budget is a plan, quantified in monitory terms showing the income to be the generated, the costs to be incurred and the resources to be utilized for the defined period of time. Required: Explain the following terms connected with a budget (i)The budget committee (ii) The principal budget factor (iii) The master budget
- (B) For the purpose of effective budgetary control, it is imperative on the part of each entity to have definite ‘plan of organization’. This plan of organization is embodied in the organization chart. Assuming that you started your own business, make an organization chart according to your business activities and explain with an example how organization chart guide you to prepare different types of budgets explainUnderstand commonerrors made in preparingp erformance reports based on budgets and actual results.Which of the following appears on the budgeted balance sheet? * A. estimated sales B. estimated cost of goods sold C. estimated fixed selling expense D. estimated ending accounts receivable
- Each of the following statements includes a pair of words within parenthesis. Indicate which of the words should be chosen to make the statement true. The first statement is done as an example. A ( loan application / budget ) is a detailed financial plan that quantifies future expectations and actions relative to acquiring and using resources. Budgets ( should / should not ) be used to provide managers with "preapproval" for execution of spending plans. The (master budget / sales budget ) is a comprehensive document specifying sales targets, production activities, and financing actions. "Responsibility accounting" is a concept under which managers are held accountable for transactions and events ( beyond / under ) their direct influence and control. Some entities will follow a top-down( mandated / participative ) approach to budgeting. A deliberate effort to create "breathing room" within a budget is known as ("padding the budget" / "aerating" ). With ( incremental budgeting /…Master budget. Which of the following statements is correct regarding the components of the master budget? The cash budget is used to create the capital budget. Operating budgets are used to create cash budgets. The manufacturing overhead budget is used to create the production budget. The cost of goods sold budget is used to create the selling and administrative expense budget.While the operating budgets reflect the operating activities of the company, the financial budgets reflect the financing and investing activities. Group of answer choices True False
- Out of what's shown in this table, which ones would be shown on the "operating expenses budget" that feeds into the income statement?indicate yes if the item is an important budgeting guideline orno if it is not. Employees impacted by a budget should be consulted when it is prepared.Which of the following statements is the intended goal or outcome of a traditional line-item budget? Estimate the costs of accomplishing measurable tasks or activities Provide mechanisms for expenditure control Focus attention on the value of public services provided Require crosswalks to identify appropriations to agencies
