Describe how budget assumptions operate over time, what makes
the best budget assumptions and what happens...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Describe how budget assumptions operate over time, what makesthe best budget assumptions and what happens when they becomeinvalid. (100 words)
Answer & Explanation
Solved by verified expert
3.8 Ratings (428 Votes)
It is often found that budgets are prepared for future and it is always uncertianSo assumptions are a integral part of very budget preparationSo the assumptions underlying the budget preparation would not become valid due
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
