PURCHASES BUDGET Definition

Bookmark and Share

PURCHASES BUDGET is a budget of the expected usage of materials in production and the purchase of the direct materials required. See OPERATING BUDGET.

Learn new Accounting Terms

EX-FACTORY is where a sellers responsibility ends when the buyer at point of origin, i.e., factory, accepts merchandise. This can also be written as Ex-Warehouse, Ex-works, etc.

FORMULA is a standard procedure for solving a class of mathematical problems.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.