Lesson 4: Operational Budgeting
Glossary - Know Your Words
Accounting is the language of business. To become proficient in accounting, it's essential to understand the terminology associated with each concept. Every lesson introduces specific terms, and we encourage you to take the necessary time to study each one carefully. Our glossary allows you to learn definitions in the context of related terms. It's a simple yet powerful tool that our university students have trusted for years to master accounting.
Budgets
Capital Budgeting
Cash Flow Budget
Direct Labor Budget
Direct Materials Budget
Manufacturing Overhead Budget
Operational Budgeting
Pro-Forma Financial Statements
Production Budget
Purchases Budget
Sales Budget
Selling and Administrative Expense Budget