Introduction of cash budgeting Cash budget is a inputs and outputs of a business or a individual over a long period of time (e-conomic‚ 2013). A cash budgeting is relate to a organisation’s plan to plan ahead and to plan ahead of the future in a company. It usually expressed it as numbers of cash budgeting. The main objective of preparing cash budget is to ensure that the cash is sufficient for the purpose of capital or revenues expenditure. It is also to have cash in advanced in the case of shortage
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Types of pollution Pollution is the presence of damaging and dangerous substances‚ mostly a contaminant or toxin‚ which causes damaging impacts to the living organisms and its surrounding (All-recycling-facts.com‚ 2011). Pollutions are classified into four major types and they are land pollution‚ water pollution‚ sound pollution and air pollution (see Figure 1). The first type of pollution is land pollution. Land pollution occurs when contaminant or toxin is spread and placed on the land. “Land
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for its needs and costs. Budgets are then built around what is needed for the upcoming period‚ regardless of whether the budget is higher or lower than the previous one. Because of its detail-oriented nature‚ zero-based budgeting may be a rolling process done over several years‚ with only a few functional areas reviewed at a time by managers or group leadership. Zero-based budgeting can lower costs by avoiding blanket increases or decreases to a prior period’s budget. It is‚ however‚ a time-consuming
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ADMINISTERING THE BUDGET A budget is a written financial plan for business operations developed for a specific period of time. Budgets are often developed for six months or a year but can cover a longer or shorter time period depending on the type of budget and the nature of the business. Because a budget is an estimate of what might happen‚ it usually cannot be followed exactly. Staying close to the amount budgeted is desirable. However‚ for various reasons beyond the control of managers‚ actual
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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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Budget is something that every citizen of India looks forward to. It determines how the finances are going to be managed for the coming year. The Union Budget 2013-2014 is perhaps the most budget of post reform India. This budget‚ as always has been welcome by some‚ while for the others it is a total unsatisfactory one. The Finance Minister‚ Mr. Chidambaram has tried to cut down the expenses and has tried to increase the fiscal by next year end. Listed below are the highlights of the Union
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1. DESCRIBE THE STRATEGIC CONTEXT IN WHICH QUINTANA SHOULD JUDGE MUSIMUNDO’S PERFORMANCE. WHAT ARE THE CHARACTERISTICS OF THE ENVIRONMENT THAT MUSIMUNDO COMPETES IN? WHAT ARE PEGASUS’ STRATEGIC OBJECTIVES FOR MUSIMUNDO? HOW DO THESE FACTORS AFFECT THE BUDGETING PROCESS? Strategic Context Quintana wants to strategically reward the managers of the Musimundo stores for meeting their budgetary goals; however‚ some managers were completely unable to do this and other managers were guaranteed their
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BABUSIN :Business Information Systems CASE STUDY NO. 2 How Executives use an Information System Submitted to: Jefferson A. Costales‚ MIT‚ IBM-CDA‚ MCTS‚ ZCE‚ OCE Professor Submitted by: Group No. 1 Aguilar‚ Jr. Carlos T. - Leader Amable‚ Meriam M. Antazo‚ Eralyn Mae M. Bagtas‚ Lou Monica A. Balingit‚ Catherine A. Course/Year/Section BSBM / 3/B Date: December 15‚ 2014 Hands-On Guide: 1. Identify the most important facts surrounding the case. 2. Identify the key issue or issues
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Patton-Fuller Community Hospital Budget Over the years financial management has been a concept that is flourishing in the world of health care. “Until the 1960s‚ financial management in all industries was generally viewed as descriptive in nature‚ with its primary role being to secure the financing needed to meet a business’s operating objectives” (Gapenski‚ 2008‚ pg.26). However‚ today‚ financial management holds a more significant role in the management of businesses overall. “Now‚ the primary
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method is a secure method as well‚ is not as complex as encryption method of complex algorithm since it has been used in military during the war where a high levels of security are a must. During the war‚ the use of encryption becomes paramount so those messages are not intercepted by the opposing forces. This is a perfect example of how reliable an encrypted message can be while used within its appropriates
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