Bussiness Essay

419 WordsMay 3, 20112 Pages
] Budget types Sales budget: The sales budget is an estimate of future sales, often broken down into both units and dollars. It is used to create company sales goals. Production budget: Product oriented companies create a production budget which estimates the number of units that must be manufactured to meet the sales goals. The production budget also estimates the various costs involved with manufacturing those units, including labor and material. Cash Flow/Cash budget: The cash flow budget is a prediction of future cash receipts and expenditures for a particular time period. It usually covers a period in the short term future. The cash flow budget helps the business determine when income will be sufficient to cover expenses and when the company will need to seek outside financing. Marketing budget: The marketing budget is an estimate of the funds needed for promotion, advertising, and public relations in order to market the product or service. Project budget: The project budget is a prediction of the costs associated with a particular company project. These costs include labor, materials, and other related expenses. The project budget is often broken down into specific tasks, with task budgets assigned to each. Revenue budget: The Revenue Budget consists of revenue receipts of government and the expenditure met from these revenues. Tax revenues are made up of taxes and other duties that the government levies. Expenditure budget: A budget type which include of spending data items. Bottom of Form 1. ISBN 0415381967. 2. ^ a b Emrys Hughes (1962). Macmillan: Portrait of a Politician. London: G. Allen & Unwin. 3. ^ John Biffen (1989). Inside the House of Commons. Grafton. pp. 127. ISBN 0246134798. 4. ^ Frequently Asked Questions: The Budget UK Parliament 5. ^ Chancellor names his preferred Budget tipple – a glass of

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