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What does activity-level variances plus flexible-budget variances equal?
total master-budget variances
What is the characteristics of budget line?
A budget line, or budget constraint, represents the combinations of two goods that a consumer can purchase given their income and the prices of the goods. It is typically downward sloping, reflecting the trade-off between the two goods—when more of one good is consumed, less of the other can be afforded. The slope of the budget line is determined by the relative prices of the goods. Changes in income or prices shift the budget line, affecting the consumer's purchasing options.
Which set of digits represent the budget activity code BAC or BA?
01
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
What set of digits represent the budget activity code?
The budget activity code is typically represented by a series of digits that indicate specific budgetary activities within an organization or government entity. These codes can vary by agency or program but generally consist of a combination of numbers that classify expenditures and funding sources. To find the precise set of digits for a particular budget activity code, one would need to refer to the relevant financial documentation or guidelines specific to that entity.
Why is the pentagons budget 1.25 trillion a year?
Inflation
What is flexible budget?
Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.
What is the difference between a rolling budget and a flexible budget?
Here are the differences between the two: Flexible Budget-A flexible budget is a budget that adjusts or flexes for changes in the volume of activity. The flexible budget is more sophisticated and useful than a static budget, which remains at one amount regardless of the volume of activity. Rolling Budget-Method in which a budget established at the beginning of an accounting period is continually amended to reflect variances that arise due to changing circumstances. Hope this helps!
What is a budget which is prepared for one level of activity?
a budget which is prepared for one level of activity is:
What was the Production Budget for Paranormal Activity 4?
The Production Budget for Paranormal Activity 4 was $5,000,000.
What was the Production Budget for Paranormal Activity 2?
The Production Budget for Paranormal Activity 2 was $3,000,000.
What is a budget that is prepared for one level of activity?
The budget that is prepared for one level of activity is known as a static budget. A static budget is often one of many other budgets that are created off of a master budget.
What was the Production Budget for Paranormal Activity 3?
The Production Budget for Back to the Future Part III was $40,000,000.
What is the difference between a budget and a financial report?
The main difference is, budget is a planned activity to meet the targets whereas financial report is the one which shows the health/wealth of the organization.
A budget that is based on the actual activity of a period is known as?
SALES
What is rigid budget?
Rigid Budget: It does not change with actual volume of activity achieved. Thus it is known as a Rigid or inflexible budget.
What is the difference between activity based budgeting and traditional budgeting?
The activity based budgeting will give a percentage of the budget to the sections that are the most used. Traditional just splits it all up evenly.
