AIOU SOLVED ASSIGNMENT 2 CODE 462 AUTUMN 2016
Aiou solved assignment 2 code 462 autumn 2016 for cost accounting subject offered to B.com level students. This is aiou solved assignment 2 code 462 autumn 2016, which is fully solved. You students of B.com can find it on the google with the following searching just like as:- solved assignment 2 code 462 autumn 2016, aiou solved assignment 2 code 462 spring 2017, code 462 aiou solved assignment 2 autumn 2016, autumn 2016 aiou solved assignment 2 code 462. Cost accounting the part of accounting subjects or it is main branch of accounting. In this subject per unit cost is calculated so that the cost of product or service can be controlled for more profit. So we cannot ignore the importance of this subject.
AIOU SOLVED ASSIGNMENT 2 CODE 462 AUTUMN 2016 B.COM Q # 4
Q NO 4: NARRATE THE SEQUENCE IN WHICH THE MAJOR COMPONENTS OF THE MASTER BUDGET ARE PREPARED. WHY IS IT NECESSARY TO PREPARE THE COMPONENTS IN SUCH A SEQUENCE?
DEFINITION OF MASTER BUDGET IN COST ACCOUNTING AIOU SOLVED ASSIGNMENT 2 CODE 462
The master budgeted is a summary of company’s plans that sets specific targets for sales, production, distribution and financing activities. It generally culminates in a cash budget, a budgeted, and a budgeted balance sheet. In short, this budget represents a comprehensive expression of management’s plans for future and how these plans are to be accomplished.
It usually consists of a number of separate but interdependent budgets. One budget may be necessary before the other can be initiated. More one budget estimate affects other budget estimates because the figures of one budget are usually used in the preparation of other budget. This is the reason why these budgets are called interdependent budgets.