Accountancy, asked by ateetambat, 4 months ago

the standard which is expected to be achieved during the budget period is called​

Answers

Answered by siddhiswami
1

Answer:

As such, a standard budget represents a single best estimate of the future performance of a business through the budgeting period.

Answered by DiyaTsl
0

Answer:

The standard which is expected to be achieved during the budget period is called​ static budget.

Step by step explaination:

  • A general finances incorporates constant sales and fee finances information. It does now no longer offer for any variability in the quantity of gadgets sold,rate points, hobby levels, and so forth.
  • As such, a general finances represents a single quality estimate of the destiny overall performance of a commercial enterprise thru the budgeting period.
  • This technique works quality whilst the commercial enterprise version is enormously simple, sales not often deviate from expectations, and costs are exceptionally predictable.
  • Conversely, it capabilities poorly in a greater fluid commercial enterprise surroundings this is greater hard to predict.
  • The general finances is usually utilized in a centralized command-and-manipulate surroundings, because it lets in senior control to choose the overall performance of the enterprise in evaluation to a single forecast of destiny results.

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