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Q1:-How Much Money Your Mother Get From Father For Household Expenditure?

Here are 5 key principles of budgeting: 1. A budget should align with the overall goals and objectives of the organization. It provides a framework for planning activities and allocating resources to achieve strategic priorities. 2. A budget involves estimating both revenues/income and expenses over a set period of time, usually monthly or annually. It is a forecast of financial inflows and outflows. 3. The budgeting process requires input and coordination from all relevant departments to incorporate operational needs and ensure resources are used efficiently. 4. Performance against the budget is monitored regularly to identify variances and take corrective actions if needed. This allows for ongoing oversight and accountability. 5. Some flexibility is important to allow for

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44 views

Q1:-How Much Money Your Mother Get From Father For Household Expenditure?

Here are 5 key principles of budgeting: 1. A budget should align with the overall goals and objectives of the organization. It provides a framework for planning activities and allocating resources to achieve strategic priorities. 2. A budget involves estimating both revenues/income and expenses over a set period of time, usually monthly or annually. It is a forecast of financial inflows and outflows. 3. The budgeting process requires input and coordination from all relevant departments to incorporate operational needs and ensure resources are used efficiently. 4. Performance against the budget is monitored regularly to identify variances and take corrective actions if needed. This allows for ongoing oversight and accountability. 5. Some flexibility is important to allow for

Uploaded by

Lokesh Mahar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Q1:- How much money your

mother get from father for


household expenditure?
Q1:- How much money your mother get
from father for household expenditure?
Ans:-my mother get 5000 Rs. For
household expenditure.
Q1:- How much money your mother get from
father for household expenditure?
Ans:-my mother get 5000 Rs. For household
expenditure.
Q2:- What your mother do with
5000Rs?
Q1:- How much money your mother get from
father for household expenditure?
Ans:-my mother get 5000 Rs. For household
expenditure.
Q2:- What your mother do with 5000Rs?
Ans:- My mother buying goods
and pay bills.
Q1:- How much money your mother get from
father for household expenditure?
Ans:-my mother get 5000 Rs. For household
expenditure.
Q2:- What your mother do with 5000Rs?
Ans:- My mother buying goods and pay bills.
Q3:- Before using these money
what she decide or prepare?
Q1:- How much money your mother get from
father for household expenditure?
Ans:-my mother get 5000 Rs. For household
expenditure.
Q2:- What your mother do with 5000Rs?
Ans:- My mother buying goods and pay bills.
Q3:- Before using these money what she
decide or prepare?
Ans;-………………………………..
Q;- What would you do before
spending your pocket money?
DEFINATION OF BUDGET
According to Gordon budget may be
defined as
“a predetermined detailed plan of action
developed and distributed as a guide to
current operations and as a partial basis for
the subsequent evaluation of performance”.
Budget is a concrete precise picture of the
total operation of an enterprise in
monetary terms. By: H.M. Donoven
MEANING OF BUDGET
A budget is the sum of money allocated for
a particular purpose and the summary of
intended expenditures along with proposals
for how to meet them. It may include a
budget surplus, providing money for use at
a future time, or a deficit in which expenses
exceed income.
A forecast of the resources required to
deliver the services offered by the
organization. A plan for coordinating the
financial goals of an organization.
A budget is a financial plan that includes
estimated expenses as well as income for a
period of time.
Q1:-What do you mean by
budget?
Q2:- What would you
consider in budget
A)Revenue
b) Expenditure
c) Both A and B
D) None of these
Principal of budget
1. Budget Should provide sound financial
management by focussing on
requirement of the organisation.
2. Budget Should focus on the objectives
and policies of the organization.
3. Budget Should ensure the most
effective use of financial and non
financial resources.
4. Budget Programme activities should be
planned in advance.
5. Budget Requires consistent delegation for
framing and executive budget.
6. Budget Should include coordinating efforts
of various departments establishing a frame of
reference for managerial decision and evaluate
managerial performance.
7. Budget Requires an adequate checks and
balance against adoption of too high and
too low estimates.
8. Budget Must be appropriate to nature of
business ,services and to the type of
budget.
9. Prepared under the direction and
supervision of administrator or financial
officer
10. Budget To be prepared and interpreted
throughout the organization .
11. Budget Requires review of performance
of previous year and adequacy both
quantitatively and qualitatively.
12. Budget Provision should be made for
flexibility.
 Q:- Which type of resources are included
in the budget?
Recaptulasation
True /false
1. Programmed activities should be not
planned in advance.
2.Budget should focus on the objective and
policies of he Organization.
3. Budget prepared under the direction and
without supervision of officer.
Home assignment
 Write down the five principal of the
budget.

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