Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The principal budget factor is the A. Component which reduces the activities of the organisation and is often the starting point in budget preparation. B.

The principal budget factor is the A. Component which reduces the activities of the organisation and is often the starting point in budget preparation. B. Budgeted revenue expected in a forthcoming period. C. Main budget into which all subsidiary budgets are consolidated. D. Overestimation of revenue budgets and underestimation of cost budgets, which operates as a safety factor against risk

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Computer Accounting With QuickBooks Online

Authors: Donna Kay

2nd Edition

1260888061, 9781260888065

More Books

Students also viewed these Accounting questions

Question

List the major functions of a medium to large FBO

Answered: 1 week ago