Question: Budget acts as planning and monitoring tools. Critically evaluate. A budget is a financial plan for the future concerning the revenues and costs of a business. However‚ a budget is about much more than just financial numbers. Without a budget‚ the business owner is literally shooting in the dark when it comes to trying to plan expenditures for the business and match them to sales revenue. Budget is not only a plan of action for a business; it is also a tool for monitoring performance
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Importance of Cash Budget A cash budget is a projection of how your business will earn and spend money during an upcoming period. Preparing a cash budget is important because the process forces you to think about your expectations and plan for the future. It is important to follow your cash budget--unless unforeseen circumstances arise--because adherence to a plan can discipline your spending. The most immediate practical benefit of a cash budget is restricting your spending so
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History of Indian Budget India’s first Finance Minister Sir R.K. Shanmugham Chetty‚ presented the first Finance Budget of independent India on November 26‚ 1947. Since then‚ 28 differentUnion Finance Ministers have been presenting the budget year after year. Initially‚ major attention was paid towards the agriculture sector but as the economy evolved‚ the focus shifted from agriculture to other sectors like industrial‚ financial etc. During the early the fifties‚ Indian budget highlights revolved
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machines’ and are a safety hazzid to all on the road. This opinon piece ’KILLER CARS- AN ASSAULT ON REASON’ written by melanie masters‚ talks about he views on this issue of 4WD’s and explains how they should be taken off the roads. 4WD’s have been a major issue in the media recently and freelance writer and researcher on issues relating to public safety‚ Melanie Masters‚ has expressed her point of view on this issue and how it can be a hazzid to all on the road and a creation thats should be taken
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The recession and budget challenges that are currently happening have played a large role in the incarceration rates in that the prison administration and governments that help to fund them are trying to find different ways to reduce the amount of money it costs them to hold an inmate in a correctional facility‚ but still deal with the high amount of incarcerated individuals that have longer sentences with the current stance that is being taken on crime by politicians. According to Seiter (2011)
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"Masters Of War" Bob Dylan Come you masters of war You that build all the guns You that build the death planes You that build all the bombs You that hide behind walls You that hide behind desks I just want you to know I can see through your masks. You that never done nothin’ But build to destroy You play with my world Like it’s your little toy You put a gun in my hand And you hide from my eyes And you turn and run farther When the fast bullets fly. Like Judas of old You lie
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Creating a MethodologyProfessor George Dollar Project Management January 19‚ 2014 When creating a project methodology‚ a company has to know that the key matters in its establishment are you need to make sure that your personal‚ clear objectives‚ tools‚ and organizational structure is in place before moving forward. This company seems to lack all of these elements. In examining the corporate culture of this company it was clear that the executive staffs was either incompetent or blatantly choose
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( http://www.accountingformanagement.com/production_budget.htm ) Production Budget: Learning Objective of the article: 1. Define and explain production budget. 2. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that must be produced during each budget period to meet sales needs and to provide for the desired ending inventory. Production needs can be
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ADVERTISING BUDGET Introduction Budget is quantitative expression of future plan of activities. It is a future plan of activities expressed in terms of currency/rupees. It is prepared for a fixed period of time. Advertising budget is a financial document that’s hows the total amount to be spent on advertising and lists the way this amount is to be allocated. It is a translation of advertising plan into money to be spent on advertising. It is an estimation of total amount to be spent on advertising
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Master And Commander The Film- Master and Commander is a historical movie that references and depicts one of the naval battles in the Napoleonic wars. It focuses on the mission of Captain Jack Aubry to stop the French ship‚ Acheron. Throughout the movie it portrays the Captains fierce naval strategies as well as the tough make it or break it decisions he is forced to make for his crew and himself. Captain Jack was used to being the hunter‚ not the prey. Yet early on he discovers that with
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