Master Budget (Orçamento Mestre)

06/04/2011 13:37
  Master Budget: Learning Objective of the Article: Define and explain the term "master budget". What are the parts / components of master budget? What are its advantages and disadvantages? Give example of master budget. Definition and Explanation: The master budget is a...
06/04/2011 13:40
  Sales Budget: Learning Objectives: Define and explain sales budget. Give and example of sales budget. Contents: Definition and explanation of sales budget Example Definition and Explanation: A sales budget is a detailed schedule showing the expected sales for the budget...
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  Production Budget: Learning Objective of the article: Define and explain production budget. Prepare a production budget. Definition and Explanation of Production Budget: The production budget is prepared after the sales budget. The production budget lists the number of units that...
06/04/2011 13:43
  Material Budgeting | Direct Materials Budget: Learning Objective of the article: Define and explain direct materials budget or Materials Budgeting. Prepare a direct material budget including a schedule of expected cash disbursements for purchases of materials. Definition and...
06/04/2011 13:44
  Direct Labor Budget: Learning Objectives: Define and explain direct labor budget. Prepare direct labor budget. Definition and explanation of direct labor budget Example Definition and Explanation: The direct labor budget is developed from the production budget. Direct...
06/04/2011 13:46
  Manufacturing Overhead Budget: Learning Objective of the article: Define and explain manufacturing overhead budget. Prepare a manufacturing overhead budget. The manufacturing overhead budget provides a schedule for all costs of production other than direct materials and direct...
06/04/2011 13:47
  Ending Finished Goods Inventory Budget: Learning Objective of the article: Define and explain ending finished goods inventory budget. Prepare a manufacturing overhead budget. After preparing sales budget, production budget, direct materials budget, direct labor budget, and...
06/04/2011 14:36
  Cash Budget | Cash Budgeting: Learning Objectives: Define and explain a cash budget. What is the purpose of a cash budget How to prepare a cash budget. Definition and Explanation: Cash budget is a detailed plan showing how cash resources will be acquired and used over some...
06/04/2011 14:37
  Selling and Administrative Expense Budget: Learning Objectives: Define and explain selling and administrative budget. Prepare selling and administrative budget. Definition and Explanation: Selling and administrative expense budget lists the budgeted expenses for areas other than...
06/04/2011 14:37
  Inventory Purchases Budget for a Merchandising Firm: Learning Objectives: Define and explain an inventory budget. Prepare an inventory budget or merchandising purchase budget. Manufacturing firms prepare production budget but merchandising firms prepare merchandising purchase...
06/04/2011 14:38
  Budgeted Income Statement: Definition and Explanation: A budgeted income statement can be prepared from the data developed in: Sales budget Ending finished goods inventory budget Selling and administrative expense budget Cash budget The budgeted income statement is one of...
06/04/2011 14:39
  Budgeted Balance Sheet: Definition and Explanation: The budgeted balance sheet is developed by beginning with the current balance sheet and adjusting it for the data contained in other budgets. Example | Sample of Budgeted Balance Sheet: Following is the budgeted balance sheet of Hampton...
06/04/2011 14:42
  Human Factors in Budgeting: The success of a budget program also depends on: The degree to which top management accepts the budget program as a vital part of the company's activities. The way in which top management uses budgeted data. If a budget program is to be successful, it...
06/04/2011 14:43
Participative Budgeting or Self Imposed Budgeting: Learning Objective of the article: Define and explain the term "self imposed or participative budgeting" in managerial accounting. Explain the...
06/04/2011 14:44
  International Aspects of Budgeting: A multinational company faces special problems when preparing a budget. The problems arise because of fluctuations in foreign currency exchange rates, the high inflation rates found in some countries, and local economic conditions and governmental policies...
06/04/2011 14:46
  Zero Based Budgeting (ZBB): Learning Objective of the article: Define and explain the term "zero based budgeting" and "incremental budgeting" in managerial accounting. Explain the importance and use of zero based budgeting in business. What are advantages and disadvantages of...
06/04/2011 14:47
  Profit Planning: Learning Objectives: Define and explain the terms "profit planning" and "budgeting". What is the difference between planning and control? What are the advantages and disadvantages of budgeting? Contents: Definition and Explanation of Profit Planning and...
06/04/2011 14:47
  Budget Committee: Learning Objective of the Article: What is a budget committee? What are the functions and responsibilities of a budget committee? Definition: Budget committee is a group of key management persons who are responsible for overall policy matters relating to the...