When preparing budgets, how can you contribute to financial bids and estimates?
trainer's requirements as answer:
1. Definition of financial bids
2. Connect how budgets can assist business in making financial bids.
1) The highest price the buyer is willing to pay for an asset is called the financial bid.
2) Budgets help us decide and evaluate the process by which the sources the company would be achieving its sales, it also indicates the time period based estimated flow of money in the future, so we can decide at what amount we need to place our need depending at what rate and at what time, our invested money would be earned back by us.
When preparing budgets, how can you contribute to financial bids and estimates? trainer's requirements as answer:...
Which of the following should you consider most when preparing a financial forecast? Minimum cash requirements Historical cash flows Industry averages Capital structure
Write approximately 1,500 words (total) to answer these questions: How do profit and loss statements cash flow (using the direct and indirect methods), and aging summaries contribute to new budgets? How can you ensure that managers and supervisors in the organisation understand the budget and understand their reporting requirements with regard to financial management? Budgets are used to identify and track discrepancies between agreed and actual allocations. Explain. How do budgets contribute to analysis of existing financial management approaches?
When the financial executive estimates the cash flows of a project for a capital budgeting analysis, there is a degree of uncertainty surrounding the estimates. In this context, which of the following statements is true? a) Recognizing the uncertainty surrounding the estimates, the financial executive should use the most pessimistic figures. b) Since financial executives cannot influence certain external factors, they do not have to understand how these external factors can affect the estimates. c) One way the financial executive...
When making financial projections, how sure can you be that they will come true?
US 1.Professional organizations (national student nurses association). 2:How can you contribute to this organization? 3. How can this orginization contribute to your professional development and enhancing your nursing practice? 4.How can this organization help promote self-advocacy and advocacy for the nursing profession
Write a two page essay explaining how Starbucks Financial Statements can help you enhance your understanding of accounting and how it enhance your ability to connect abstract financial accounting information to concrete observation. Write a two page essay explaining how Starbucks Financial Statements can help you enhance your understanding of accounting and how it enhance your ability to connect abstract financial accounting information to concrete observation.
Don't miss th Inaccurate and unreliable information can spell financial disaster for businesses and persons who use this information for decision-making purposes. From the standpoint of a business, accurate and reliable information is necessary in order for a potential investor to have when they are considering investing with the company. If the information is not accurate and reliable, this will potentially harm the investor Inaccurate financial information may be due to the incompetence of the accountant who prepared the financial...
E14.21 LO14.1 14.2 Financial and non-financial measures Classify each of the following statements as true or false. In each case give reasons for your answer. 1 Non-financial performance measures provide essential information in order to assist managers at the operational level to take actions to correct problems, 2 Financial measures assist managers to manage the drivers of future financial performance. 3 Both financial and non-financial measures can assist in communicating the strategy of the business and in encouraging goal congruence....
Preparing Financial Statements You will be preparing the Financial Statement for Bolero Auto Repair Shop. Remember the order in which financial statements must be prepared and remember to use good form. Bolero Auto Repair Shop has just completed operations for the year ended December 31, 2020. This is the third year of operations for the company. The following data have been assembled for the business: Insurance Expense Service Revenue Utilities Expense Rent Expense Bolero, Capital, Jan. 1, 2020 Cash Owner...
True or False statements Answer True (T) or False () T/F 1End of shift procedures can involve preparing for the next service period 2 Reporting can be done verbally or in a written format 3 Reports are rarely seen by management. 4 An incident can be a breach of security S Incidents must always be recorded and reported 6 Maintenance reports cannot help save time and money 7 A handover allows staff to talk about what went well and what...