Have a question?
Message sent Close

Managerial Accounting (BUS 1B) Chapter 7 Glossary

Instructor
Sandra Watson
0
0 reviews
  • Description
  • Full Document
Blur-Preview

Chabot College

Managerial Accounting (BUS 1B)

Chapter 7 Glossary – Notes from Managerial Accounting.

Glossary for Chapter 7:
Budget
Formal statement of future plans, usually expressed in monetary terms.
Budgeted balance sheet
Accounting report that presents predicted amounts of the company’s assets, liabilities, and equity balances as
of the end of the budget period.
Budgeted income statement
Accounting report that presents predicted amounts of the company’s revenues and expenses for the budget
period.
Budgeting
Process of planning future business actions and expressing them as formal plans.
Capital expenditures budget
Plan that lists dollar amounts to be both received from disposal of plant assets and spent to purchase plant
assets.

PREVIEW

 

Managerial Accounting (BUS 1B) Chapter 7 Glossary

NOTE: Please check the details before purchasing the document.

error: