Types of Budget

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  • Created by: Craig12
  • Created on: 05-04-16 07:07
Master Budget
Is the aggregation of all lower-level budgets produced by a company's various functional areas, and also includes budgeted financial statements, a cash forecast, and a financing plan.
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Capital Budget
is the process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing
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Sales Budget
is a financial plan depicting how resources should best be allocated to achieve the forecasted sales.
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Production Budget
is a financial plan that lists the number of units to be manufactured during a period. In other words, this is a report that estimates the number of units that a plant will produce from period to period.
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Cash flow Budget
is a chronological overview of expected income and expenses over a given period of time.
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Marketing Budget
is an estimated amount of cost that will be required to promote products or services.
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Other cards in this set

Card 2

Front

is the process in which a business determines whether projects such as building a new plant or investing in a long-term venture are worth pursuing

Back

Capital Budget

Card 3

Front

is a financial plan depicting how resources should best be allocated to achieve the forecasted sales.

Back

Preview of the back of card 3

Card 4

Front

is a financial plan that lists the number of units to be manufactured during a period. In other words, this is a report that estimates the number of units that a plant will produce from period to period.

Back

Preview of the back of card 4

Card 5

Front

is a chronological overview of expected income and expenses over a given period of time.

Back

Preview of the back of card 5
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