Specified Future Period Homework Help

Specified Future Period

A budget relates to a specified period of time, usually one year. If it is not related to a time horizon, it will be meaningless. Planning merely for a given amount of, say, sales/profits will not constitute a budget unless a time dimension is added, that is, the budget sales/profit is planned to be achieved in a predetermined time framework.

Finance-Assignments.com

  • Feel free to send us an inquiry, we reply back real quick. Or directly email us at order@finance-assignments.com
 

Verification

Posted by: andy

Share This