Conclusion of project work of government budget and the economy
Answers
A strong economy is a clear sign of development and implementation of policy for making a better use of natural resources as well as human resources which results in future growth and prosperity.
These strong policies will be proved as best weapons against the effects of future problems. Some of those policies will refine the past reforms. The challenges to improve the economic growth will find solutions.
Hope this will help you.
Conclusion for budgeting
This chapter has emphasized manufacturing budgets. The process involves developing a sales forecast and, based on its magnitude, generating production and manufacturing expense budgets needed by a specific firm. Once developed, the budgeting system provides management with a means of controlling its activities and of monitoring actual performance and comparing it to budget goals.
A comprehensive profit planning and control program involves budgeting the materials and parts used in the production process. The budget process involving manufacturing expenses includes the material usage and purchase budgets, direct labor budgets, and factory overhead budgets.
This chapter has emphasized manufacturing budgets. The process involves developing a sales forecast and, based on its magnitude, generating production and manufacturing expense budgets needed by a specific firm. Once developed, the budgeting system provides management with a means of controlling its activities and of monitoring actual performance and comparing it to budget goals.
A comprehensive profit planning and control program involves budgeting the materials and parts used in the production process. The budget process involving manufacturing expenses includes the material usage and purchase budgets, direct labor budgets, and factory overhead budgets.