the standard which is expected to be achieved during the budget period is called
Answers
Answered by
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
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.
#SPJ3
Similar questions