what is budgeting and steps required to configure this.






what is budgeting and steps required to configure this...

Answer / dattatraya

Budgeting refers to the planning.
Normally for the following reason budgeting is need in the
business for:-
1. Purchase new assets
2. Selling old assets and purchasing new assets
3. Choosing better option whether to purchase assets
directly or to take the smae on lease.
4. choosing better option whether repair the old assets or
sale the old assets and purchase the new one.
5. Choosing better opting in which area new business to be
set up. It consist of comparision between two or more
option by facility wise, transportaion wise, avaliability
of tranportation wise, government subsidies, government
discount is taxation(i.e. zeo tax where business set up in
SEZ).

6.

Is This Answer Correct ?    6 Yes 1 No

Post New Answer




More Accounting General Interview Questions

Cheque in hand is current asset or fixed asset...?

3 Answers   VKS,


the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

1 Answers  


Give an accounting treatment for Investment made worth 100 today,after 6months its value is 60.

2 Answers   Cognizant,


payment voucher for advance salary

0 Answers  


What is the definition(meaning) for the Final accounts adjustment 'Uninsured goods lost fire'?

0 Answers  






If i have started a new institution than what are the entries i have to passed in tally

2 Answers  


What is Deferred Income Tax and how to calculate and enter in the tally.

1 Answers   Crossdomain, FactSet Systems,


how we pass commission entry when we give to other with tds ?

1 Answers   GFS,


sir i want to know that where we taken entry of sals return in excise in manufecturing unit tell me .

0 Answers  


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

0 Answers  


whom can deduct the TDS?

6 Answers  


What is the difference between General Ledger and Ledger?

0 Answers   Cap Gemini,






Categories