Budget Definition: An estimate of costs‚ revenues‚ and resources over a specified period‚ reflecting a reading of future financial conditions and goals. One of the most important administrative tools‚ a budget serves also as a (1) plan of action for achieving quantified objectives‚ (2) standard for measuring performance‚ and (3) device for coping with foreseeable adverse situation. What is a budget and why is it important? Simply put‚ a budget is an itemized summary of likely income and expenses
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Possible Reasons Why Your Furnace Is Short-Cycling If your furnace is kicking on and off constantly throughout the day‚ it could be a sign of a serious problem. This condition is known as short-cycling because the cycle between turning on and off is much shorter than it should be. Here are some possible causes when your furnace short-cycles. Restricted Airflow When your furnace doesn’t get enough air circulation‚ it can overheat when it turns on. Then‚ as a safety mechanism‚ it shuts itself off
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5 Reasons I Listen To Music Music is everything to me. I listen to it for a number of reasons. I like to express myself through music‚ learn about different situations‚ to relieve stress‚ to relax and study. Music plays a big role in what I do every day. Expressing myself through music is what I enjoy doing the most. It is my favorite hobby. The way I express myself when I listen to music is by dancing along with it when I feel happy and excited‚ and smooth music when I just want to be calm
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Email and Web Services QUIZZES & EXAMS Unit 7 Quiz 5 Scope This quiz tests over the objectives covered in Units 6 and 7. 1. The _________ DNS record is used to indicate the e-mail server for a particular domain to which email should be forwarded. a. b. c. d. 2. By default‚ __________ downloads and erases the email from the mailbox on the email server‚ whereas ___________ allows you to view email while leaving a copy in the mailbox on the email server. a. b. c. d. 3. Smart Host Intrusion Prevention
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Butyl(21‚000t) Group 3 - 3/13 Q1. The meaning and accuracy of the volume variance. • NASA Rubber Division의 Sales Performance(1986) Actual Net sales Revenue 63‚239‚000 Budget 58‚660‚000 Deviation 4‚579‚000 exceed 3‚735‚000 exceed Gross Margin ※ Sales Volume Up 40‚945‚000 37‚210‚000 ※ Feedstock Cost Down Group 3 - 4/13 • NASA Rubber Division - Net Contribution(1986) Actual Budget Deviation Volume Variance - 11‚375‚000 -6‚125‚000 5‚250‚000 U Gross Profit / NSR 8.2%
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FINANCIAL MANAGEMENT DEVELOPMENT Management Reporting Budgetary Control NO 213 BUDGETARY CONTROL AND VARIANCE ANALYSIS £ £££ ££££££ 1 333 35753 FINANCIAL MANAGEMENT DEVELOPMENT ONE OF A SERIES OF GUIDES FOR FINANCIAL MANAGEMENT DEVELOPMENT FROM www.FinancialManagementDevelopment.com This is one of a series of documents produced by David A Palmer as a guide for managers on specific financial topics to assist informed discussion. Readers should take appropriate advice before acting
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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Budget Management Analysis Christina Hewett University of Phoenix Financial Resource Management NUR/571 Ralph Gigliotti August 03‚ 2013 Budget Management Analysis “Finance should be a fundamental nursing administration content area to meet the growing need for nurse managers with core competencies in financial and budget management” (Finkler‚ Kovner‚ & Jones‚ 2007‚ p. 476). Health care organizations depend on nurse managers to budget the finances of his or her department appropriately. Budget
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December 7‚ 1941 was something that America will never forget. It was so big that it led America to declaring war on Japan. Why was it so big? On that day‚ Japan had bombed Pearl Harbor‚ the U.S. naval base and ended up killing 2‚403 people and injured another 1‚178‚ while destroying eight ships of the U.S. Pacific Fleet and 347 aircraft (TCI). However‚ there is still a mystery about this attack. What was the motive of the Japanese attack on Pearl Harbor? There is some evidence of possible reasons
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Department receives the purchase requisition‚ they search the approved vendor list and consult the listed prices for the goods desired for each vendor. Once a vendor has been selected‚ five copies of a pre-numbered purchase order are prepared. Copy 5 is retained in the purchasing department and filed with the accompanying purchase requisition. Copy 2 is sent back to the department who prepared the purchase requisition‚ where both source documents are filed by number together. Copy 3 is sent to
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