Connection Between Section 5 and 6
- This topic has 1 reply, 2 voices, and was last updated 7 months, 2 weeks ago by Lynn Roden.
Please elaborate on the connection between Section – 5 and 6
what I got is:
Master Budget broadly includes all of the operating budgets +Capital Expenditure Budget along with Income statement in which those are incorporated+Cash Budget+Budgeted Balance Sheet (Please confirm the order also)
Forecasting is done after the operating budget
Please simply explain different forecasts
After that at last different ratios are analyses for decision making
Please demonstrate/correct the above
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