EBK ACCOUNTING PRINCIPLES
EBK ACCOUNTING PRINCIPLES
13th Edition
ISBN: 9781119411017
Author: Weygandt
Publisher: WILEY
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Chapter 25, Problem 2Q
To determine

Budget: Budget is an effective tool to present the estimated actions for future time period. It includes the financial data for various accounts usually, income or expenses to be incurred in future.

Budget Report: The report containing the information about the performance of particular budget is called as budget report. Budget report helps in taking appropriate financial decisions.

To determine: The name of report, the frequency of report and the primary recipient of the given objectives of a budgetary reporting system.

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EBK ACCOUNTING PRINCIPLES

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