COSTS AND BUDGETARY CONTROL - Coggle Diagram
COSTS AND BUDGETARY CONTROL
Short and long term plans
by products, by markets, by points of view
emulation, imitation, time saving, profit.
Reinvestment and growth
not only money but also time is invested
Small and medium business budget
you must recognize that they can be obstructed by external forces
the more time tied to the funds, the less you will be getting investment.
take responsibility for finances
seeks to make a profit by investing cash in operations that promise an attractive present value.
there are no limits
projects what you will recover in a company
investigate each applicant
Prospective of the Company
as work orders arrive, workload increases
business cycle, money economy, absolute terms, growth recession.
Development Cooperation Aspect
when it is scarce it migrates to industrial zones
some training centers: Vocational Training Schools, Labor Institutes. .
Image and Service Aspect
the image is suggested by the packaging.
packaging is essential
Financial and Projected Statements
assets: fixed or immobilized, current.
liabilities: equity, long-term foreign capital, and working capital.
Statement of income
study the proportions between two values
check its evolution over time
various aspects of financial health need to be verified.
internal comparisons, and sources of industry ratios
Analysis of Periods to Come
allows an adequate interpretation of the economic-financial analysis