The business styles hair for its customers. Therefore the budget is synchronised with the cash budget to ensure that the enterprise has enough funds available if and when needed.
This profit is called the mark-up. Why is integrity important for managers? Example: If we bought Land and buildings three years ago at a total cost of R and entered it into the books at that price and the asset is re-valued today at Rthe amount that will be entered in the Financial Statements will still be R the price that we originally bought it for.
Omissions Some information or an entry has been left out. It means that you judge a situation objectively and without bias or any preconceived ideas.
Many activities take place in a formal accounting environment. Close off the account at the end of the month. SJ 45 Jan Jan Dr.