What is the difference between Target and Budget?
Answers were Sorted based on User's Feedback
Answer / denise bonnelle
A Budget is a forecast and targets are milestones which assist the organisation in determining whether they are on track in with the budget.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / r m panicker
1Budgets are the monies available at your disposal, where
as Target is a subset of Budget with an element of savings
built in it when we talk in terms of cost.
2.Cost/Expense targets are always less than the Budget.
3.When it comes to Revenue, Targets can be equal to Budget
or more than the Budget, at times it can be less than the
Budget if the current market conditions are not favourable
when compared to Historicals.
| Is This Answer Correct ? | 4 Yes | 9 No |
hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?
Entry of advance tax
Suppose a person is paid @ Rs.1 Lac Per Month for 2 months by the Owner/Director prior to the Company's incorporation for Managerial work and that person continues to work with the Company . Is the Director liable to deduct TDS on his Employee's Salary before incorporation also? And when the Company is incorporated after 2 months, Is it possible to show this expenses as Pre-incorporation Expenses?.What would be treatment for Salary Paid and TDS Deducted when the Company is incorporated? How will we give TDS Certificate to the Employee at the end of the Financial Year?
what is miscellaneous expenditure??
IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?
Discuss the consistency concept in accounting
what is accounting
What is the journal entry for Prepaid expenses?
How you classify bank Account?
1 Answers Satyaki Educational Academy,
what z diff between depreciation and amalgamation?
what is interest on purchase consideration?
what is the final accunt