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Discuss the differences between complete budgeting and partial budgeting in farm budgeting.

      

Discuss the differences between complete budgeting and partial budgeting in farm budgeting.

  

Answers


Jim
-Complete budgeting accounts for drastic changes in the organization and operation of the farm, while partial budgeting treats minor changes only.
-All the available alternatives are considered in complete budgeting, whereas partial budget considers two or a few alternatives only.
-Complete budgeting is used for estimating the results of entire organization and operation of a farm, while partial budget helps only to study the net effects in terms of costs and returns of relatively minor changes.

jim items answered the question on October 18, 2018 at 11:34


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