What is Master Budget?
it is a strategy that documents expected future sales, productions levels, purchases, future expenses incurred, capital investments, etc. Find out how to calculate Master Budget Read the text: How to prepare a master budget? Start with your sales.
EX. 1 Match the words in bold with their definitions below:
check your answers below. Glossary: master budget - budżet łączny expected sales - przewidywana sprzedaż purchases - zakupy expenses incurred - poniesione wydatki/nakłady pieniężne to estimate - oszacować direct labor - koszty bezpośrednie robocizny overheads - koszty ogólne, pośrednie cash flows - przepływy pieniężne financial statements - sprawozdania finansowe np.: bilans, RZiS Klucz: 1. financial statements, 2. generate, 3. quantity, 4. cash flows, 5. inflows, 6. estimate Are you an accountant? Do you need to speak English at work? Are you preparing budgets or financial reports? Contact me to schedule your free trial lesson.
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AuthorKatarzyna Sawicz Key facts:
- teacher of English - interpreter PL-EN, EN-PL - B.A in English Linguistics, M.A in Linguistics, Sworn and Business Translations, Financial Analysis and Reporting - over 18 years experience teaching and designing materials - experience teaching online to individuals and small groups - experience teaching in-company - 3500+ hours of online lessons Archives
August 2020
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