"Where Everyone Has an MBA"
Tel: (612) 246-4616
Tel: (612) 246-4616
AAA is American Accounting Association, Association of Accounting Administrators, or see ACCUMULATED ADJUSTMENT ACCOUNT.
TOP-DOWN BUDGETING is where budgets are created by starting from the highest level working towards the bottom using parametric relationships. A monetary value is placed on an individual unit (product, service, materials, and labor hour). An estimate of the number of units required is then converted to currency by multiplying the quantity of units by the unit price.
FUND THEORY views the organization as a series of funds or sub-funds represented by various services or departments.
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