Flexible Budget Performance Report Courses Students Revenue Expenses. Instructor wages Classroom supplies Utilities Campus rent Insurance Administrative expenses Total expense Net operating income For the Month Ended September 30 Actual Results 4 54 49.300 11,000 15.450 1.850 5 100 2.340 3.454 39.194 S 10,106 Flexible Budget Planning Bud
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
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