Discuss budgets and the reasons why organizations budget. Prepare a sales budget with a schedule...
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Accounting
- Discuss budgets and the reasons why organizations budget.
- Prepare a sales budget with a schedule of cash collections.
- Prepare a flexible budget.
- Prepare a report showing revenue and spending expenses with favorable (F) and unfavorable (U) outcomes.
- Compute return on investment and show how changes in sales, expenses, and assets affect ROI.
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