10 Answers
is this multiple choice Explanation:
A budget is a plan in which an individual balances available resources and expenses.Budget:Budget is a plan in which the costs are already determined with available resources, and the actual expenses are matched with the determined cost. It is a pre-planned determination of the costs incurred in the future. The company maintains the budget to know the disparity between the determined costs and actual cost. If there is a disparity between it, the company tries to know the reason behind it. Budget is an instrument of measuring the cost and trying to lower the cost of production. Types of budget:Fixed budget: Fixed budget refers to that budget in which the costsdo not change according to the quantity of units produced. The costs for a particular number of units are similar. If the production level changed over a certain limit of units of production, then the fixed budget will be changed.Master budget: Master budget is a type of budget which includes all the budgets in it. The master budget includes sales budget, purchase budget, production budget, inventory budget, and cost budget.Flexible budget:Flexible budget refers to that budget which changed according to the units of production. If the quantity of units produced changed; the budget is adjusted according to the units of production. Learn more:1.Learn more about net income2.Learn more about income and expense ( budgeting)3.Learn more about the goal of the budgetAnswer details:Grade: Middle SchoolSubject: AccountingChapter: Budgetary control Keywords: budget, plan, an individual, available resources, and expenses, pre-planned, disparity, measuring, lower the cost, production.
A "budget" is a plan in which an individual balances available resources and expenses.Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.
A "budget" is a plan in which an individual balances available resources and expenses.Explanation:Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash.
A budget is a plan in which an individual balances available resources and expenses.Further Explanation:Budget: Budget is the estimation of the future financial inflows and outflows of an entity. It is an estimation of the revenue and expenditure of an entity for a certain period of time, which is generally one year. Resources are the source of income or revenue. Budget can be made for a person, group, business, and government. It provides the estimation of future activities that are required to be carried out. Generally, budget results in three conditions:Surplus budget: When the estimated revenue is higher than the estimated expenses.Balanced budget: When the estimated revenue and expenses are equal.Deficit budget: When the estimated expenses are higher than the estimated revenue.Thus, a budget is a plan in which an individual balances available resources and expenses.Learn more:Learn more about the goal of the budget Learn more about the profit margins Learn more about the large expenditureAnswer details:Grade: Senior SchoolSubject: Business StudiesChapter: BudgetingKeywords: Plan, individual, is a plan, resources and expenses, income, revenue, expenditure, which a budgeting, budget, future forecasting, estimation, future, forecasted period, one year, next year, money, funds, entity, in which, surplus budget, balanced budget, deficit budget.
BudgetExplanation:You're sorting out your investments and spending habits. Often sorting out all of your needs to fit in a well balanced budget
The answer is: " budget " . " A budget is a plan in which an individual balances [available resources and expenses]. " Hope this helps! Wishing you the best!
The correct answer is a budget.Explanation:A budget is a plan in which an individual balances available resources and expenses. This is fundamental to take control of the accounts and thus be able to monitor the expenditure of money against the available resources. It is most useful as a preventative measure to organize future expenses and income so that we can meet them.Have a nice day!
A plan is a systematic expenditure of resources by prioritising the needs. First an estimation of expenditure will be calculated. Priority will be given to the most needed matters. expense will be adjusted thus to avoid early exhaution of resources.
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