Facts and Figures

In: Business and Management

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Definition: Budget is a financial and /or quantitative statement, prepared and approved prior to a defined Period of time of the policy to be pursued during that period for the purpose of attaining a given objective. It may include income, expenditure and employment of capital.

1. 2. 3. 4. Financial and/or Quantitative Statement. Futuristic ­ prepared and approved prior to a defined period of time. Goal Oriented ­ for the purpose of attaining a given objective. Components ­ Income, Expenditure and Employment of Capital.

2. WHAT ARE THE OBJECTIVES OF BUDGETING/PERFORMANCE BUDGETING? The objectives of Budgeting are­ 1. To encourage self­study in all aspects of a Company's operations. 2. To get all members of management to “put their heads” to the basic question of how the business should be run, to make them of a co­ordinated team operating in unison towards clearly defined objectives. 3. To promote the planning process and provide a sense of direction to every member of the organization. 4. To force a definition and crystallization of Company policies and aims. 5. To increase the effectiveness with which people and capital are employed. 6. To disclose areas of potential improvement in the Company’s operations. 7. To stimulate study of relationship of the Company to its external economic environment for improving the effectiveness of its direction. 8. To direct and co­ordinate business activities and units to achieve stated targets of performance. 9. To facilitate the control process, by comparing actual results with plan, and provide feedback to the employees about their performance. 3. DEFINE THE TERM BUDGETARY CONTROL. WHAT ARE ITS SALIENT FEATURES? 1. Definition: Budgetary Control is defined as "the establishment of budgets,…...

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Facts and Figures

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...hechos por el astrónomo belga Jean Meeus, Jenkins sugiere que la progresión del sol a través de la zona del ecuador de la Vía Láctea cubre una zona correspondiente de momento en que se inició en 1980 y termina en 2016. 8  Incluso con un margen de error de más o menos unos pocos años, lo que significa que ya estamos bien en la alineación que los mayas predijeron más de 2.000 años atrás. ) ¿Qué tal un raro momento de la historia astronómica significa en nuestras vidas hoy en día? La verdad es que nadie sabe a ciencia cierta. Nosotros No puede, porque nadie vivo hoy en día tiene una experiencia directa de la última vez que algo así sucediera. Lo que sí tienen, sin embargo, son buenos indicadores de lo que podemos esperar. Tenemos facts.10 TIEMPO FRACTAL Cuando nos casamos con los hechos de la ciencia de hoy con la sabiduría y los registros históricos del pasado, nos encontramos con una historia que es casi más allá de la creencia. Es la historia de un viaje, el viaje-que se inició hace mucho tiempo que ha tomado más de 256 generaciones y cinco milenios para llegar al final. Ahora que lo está haciendo, descubrimos que el fin es en realidad el inicio de un nuevo viaje. Quizás poeta y visionario TS Eliot describe mejor la ironía de un fin de ser un comienza: "No cesaremos de explorar / Y el fin de toda nuestra exploración / será llegar al punto de partida / y saber el lugar por primera vez. " 9 Si bien la historia de un mundo cambiante edad basado en la......

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List of Figures

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Father Figures

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Significant Figures

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Air Line Facts, Figures

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Ukip Facts and Figures

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