A financial plan of action expressed in monetary terms is...
A financial plan of action expressed in monetary terms is a/an
Warrant
Budget
Imprest
Consolidated fund
Correct answer is B
A budget is an estimation of revenue and expenses over a specified future period of time. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income.
The N6,000 subscription received is? ...
A share is under-subscribed when ...
(i) Meet growth and diversification need. (ii) Reach out to particular customers or markets ...
Partners salary is shown in the ...
An expense becomes an accrual because it ...
What are the appropriate recording procedures for entries in the trial balance? ...
Why are adjustments in the profit and loss account necessary? ...
Industry ltd, issued 100,000 shares at ₦1 each out of its Authorized share capital of ₦200,000 a...