Budgeting

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An agreed plan establishing in numerical or financial terms the policy to be pursued and the anticipated outcomes of that policy.
Budget
1 of 5
This shows the agreed, planned income of a business (or division of a business) over a period of time.
Income Budget
2 of 5
This shows the agreed planned expenditure of a business over a period of time.
Expenditure Budget
3 of 5
This shows the agreed, planned profit of a business (or division of a business) over a period of time. (income minus expenditure)
Profit budget
4 of 5
The process by which the outcomes of budgets are examined and then compared to the budgeted figures.
Variance analysis
5 of 5

Other cards in this set

Card 2

Front

This shows the agreed, planned income of a business (or division of a business) over a period of time.

Back

Income Budget

Card 3

Front

This shows the agreed planned expenditure of a business over a period of time.

Back

Preview of the front of card 3

Card 4

Front

This shows the agreed, planned profit of a business (or division of a business) over a period of time. (income minus expenditure)

Back

Preview of the front of card 4

Card 5

Front

The process by which the outcomes of budgets are examined and then compared to the budgeted figures.

Back

Preview of the front of card 5

Comments

nhung

Report

Can someone tell me how to play it please?

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