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1. What is budget?

1. What is budget?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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1. What is budget? 2. How does budgeting become a useful tool in business? 3. What are the different types of budgets? 4. Are external and internal factors considered in forecasting the sales budget? 5. How does the production budget helps giving information on the number of units to be produced over a given period? 6. Does an operations budget help in knowing the expected profit? 7. What is the use of a cash budget in the cash position of a company in the future? 1. Do you think budget preparation plays an important role in everyday life? 2. As a student, have you learned how to budget or allocate your school allowance? 3. Do you think budgeting mostly talks about money matters? 4. Is managing money difficult? 5. Do you think no matter how big or small the amount of money you have you need to learn how to budget it properly? 6. Do you think budgeting is an easy and useful tool in making you financially secure?
Transcribed Image Text:1. What is budget? 2. How does budgeting become a useful tool in business? 3. What are the different types of budgets? 4. Are external and internal factors considered in forecasting the sales budget? 5. How does the production budget helps giving information on the number of units to be produced over a given period? 6. Does an operations budget help in knowing the expected profit? 7. What is the use of a cash budget in the cash position of a company in the future? 1. Do you think budget preparation plays an important role in everyday life? 2. As a student, have you learned how to budget or allocate your school allowance? 3. Do you think budgeting mostly talks about money matters? 4. Is managing money difficult? 5. Do you think no matter how big or small the amount of money you have you need to learn how to budget it properly? 6. Do you think budgeting is an easy and useful tool in making you financially secure?
1. What are the steps in formulating the budget? 2. How to prepare different types of budget? 3. What are the different transaction or items to be included in the budget preparations? 1. Do you think a company or a business will run successfully without using different tools of budgeting? 2. As a student, do you think you need these tools?
Transcribed Image Text:1. What are the steps in formulating the budget? 2. How to prepare different types of budget? 3. What are the different transaction or items to be included in the budget preparations? 1. Do you think a company or a business will run successfully without using different tools of budgeting? 2. As a student, do you think you need these tools?
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