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3 years ago

A----- is a plan in which an individual balances available resources and expenses.

Business

2 answers:

Simora [160]3 years ago

3 0

A "budget" is a plan in which an individual balances available resources and expenses.

Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.

Mekhanik [1.2K]3 years ago

3 0

A budget is a plan in which an individual balances available resources and expenses.

Budget:

Budget is a plan in which the costs are already determined with available resources, and the actual expenses are matched with the determined cost. It is a pre-planned determination of the costs incurred in the future. The company maintains the budget to know the disparity between the determined costs and actual cost. If there is a disparity between it, the company tries to know the reason behind it. Budget is an instrument of measuring the cost and trying to lower the cost of production.

Types of budget:

Fixed budget: Fixed budget refers to that budget in which the costsdo not change according to the quantity of units produced. The costs for a particular number of units are similar. If the production level changed over a certain limit of units of production, then the fixed budget will be changed.
Master budget: Master budget is a type of budget which includes all the budgets in it. The master budget includes sales budget, purchase budget, production budget, inventory budget, and cost budget.
Flexible budget:Flexible budget refers to that budget which changed according to the units of production. If the quantity of units produced changed; the budget is adjusted according to the units of production.

Learn more:

1. Learn more about net income

brainly.com/question/10955397

2. Learn more about income and expense ( budgeting)

brainly.com/question/1890422

3. Learn more about the goal of the budget

brainly.com/question/1226004

Answer details:

Grade: Middle School

Subject: Accounting

Chapter: Budgetary control

Keywords: budget, plan, an individual, available resources, and expenses, pre-planned, disparity, measuring, lower the cost, production.

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galina1969 [7]

Answer:

The likely yield to maturity on the bonds is 10.23%.

Explanation:

The likely yield to maturity on the bonds can be calculated using the following RATE function in Excel:

YTM = RATE(nper,pmt,-pv,fv) .............(1)

Where;

YTM = likely yield to maturity on the bonds = ?

nper = number of periods = number of years until maturity = 4

pmt = annual coupon payment = annual coupon rate * Face value = 7.50% * $1,000 = $75 = 75

pv = present value = market price = $735 = 735

fv = face value or par value of the bond = 1000

Substituting the values into equation (1), we have:

YTM = RATE(40,75,-735,1000) ............ (2)

Inputting =RATE(40,75,-735,1000) into a cell in an excel (Note: as done in the attached excel file), the YTM is obtained as 10.23%.

Therefore, the likely yield to maturity on the bonds is 10.23%.

Download xlsx

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3 years ago

Keenan wants to incorporate his business. He buys business cards and labels with the name "Keenan’s Kwips" on them and begins se

Charra [1.4K]

Answer:

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Explanation:

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Courts can decide on a finding of de facto if three requirements are met by the corporation:

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Drupady [299]

Answer:

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Explanation:

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3 years ago

Edna had an accident while competing in a rodeo. She sustained facial injuries that required cosmetic surgery. While having the

Strike441 [17]

Answer:

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7nadin3 [17]

Answer and Explanation:

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