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单词 bucket shop
释义

bucket shop

bucket shop1. A derogatory term for a firm of brokers, dealers, agents, etc., of questionable standing and frail resources, that is unlikely to be a member of an established trade organization. Seeboiler room. budget1. A financial or quantitative statement, prepared prior to a specified accounting period, containing the plans and policies to be pursued during that period. It is used as the basis for budgetary control. Generally a functional budget is drawn up for each functional area within an organization, but in addition it is also usual to produce a capital budget, a cash-flow budget, stock budgets, and a master budget, which includes a budgeted profit and loss account and balance sheet. budgetary control The process by which financial control is exercised within an organization. Budgets for income and expenditure for each function of the organization are prepared in advance of an accounting period and are then compared with actual performance to establish any variances. Individual function managers are made responsible for the controllable costs within their budgets, and are expected to take remedial action if the adverse variances are regarded as excessive.

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更新时间:2025/2/2 12:11:24