How may budgets be used as a measure of performance?
Question:
How may budgets be used as a measure of performance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (11 reviews)
Budgeted amounts represent managements expectations r...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
How may budgets be used as a measure of performance?
-
How can turbidity be used as a measure of cell numbers?
-
How can cash flow be used as a performance measure? In what ways is cash flow a relatively stronger or weaker performance measure than accrual measures such as segment income?
-
TCP: the client sends only 1 message to the server hello from TCP Client and the server responds with the uppercase message. Update the program / make a simple chat program so that The client can...
-
Research define, and describe communication styles, the types of communication, and why communication is important to an organization. The requirements below must be met for your paper to be accepted...
-
When a thermocouple has one junction in melting ice and the other junction in boiling water it produces an e.m.f. of 63 V. a. What e.m.f. would be produced if the second junction was also placed in...
-
Long Steps Ltd operates three departments, including a department that has consistently shown losses. For the year just ended, the hiking supplies department showed the following performance....
-
How do the accounting treatments for charity services, patient discounts, contractual adjustments, and provision for bad debts differ in terms of their effects on patient service revenues and related...
-
Nitrogen is contained in a 5 - m 3 rigid vessel at a pressure of 2 2 0 0 kPa What would be the height of a column of mercury ( in mm ) in a manometer for this pressure? The density for mercury is 1 3...
-
The 12-ft boom AB has a fixed end A. A steel cable is stretched from the free end B of the boom to a point C located on the vertical wall. If the tension in the cable is 380 lb, determine the moment...
-
What are the advantages of budgeting?
-
Ken Shilov, manager of the marketing department, tells you that budgeting simply does not work. He says that he made budgets for his employees and when he reprimanded them for failing to accomplish...
-
Ted and Luke Thorndike have just returned from lunch with Candice Ergonne, president of a chain of 550 health clubs located across the United States. The clubs have a quality image and are known for...
-
What deformation mechanism is particularly active in finegrained rocks at high temperatures (in the lower crust and the mantle)?
-
How would we identify a buckle fold?
-
Why must we have a strain model when considering the relationship between stretching lineation and transport direction?
-
How can a reverse fault in some special cases also be extensional?
-
What does it mean that a rock is critically stressed?
-
J. Hill has the following assets and liabilities on 30 November 2019: Trade payables 2,800; Equipment 6,200; Motor vehicle 7,300; Inventory 8,100; Trade receivables 4,050; Cash at bank 9,100; Cash in...
-
How will relating product contribution margin s to the amount of the constrained resource they consume help a company maximize its profits?
-
Argue both the pros and cons of stakeholder theory, using some of the arguments in the chapter as well as your own. What is your evaluation of the usefulness of the stakeholder management approach in...
-
Every airline has what is called a break-even load factor. That is, the percentage of seats the airline . . . (flies) . . . that it must sell . . . to cover its costs. Since revenue and costs vary...
-
Every airline has what is called a break-even load factor. That is, the percentage of seats the airline . . . (flies) . . . that it must sell . . . to cover its costs. Since revenue and costs vary...
-
Aquarius Games Inc. has finished a new video game, Triathlon Challenge. Management is now considering its marketing strategies. The following information is available: Anticipated sales price per...
-
This number is the "federal adjusted gross income" according to the line title. What do we call this process of starting our state return with a number from the federal return?
-
What is the main reason for a franchisee to have a contingency fund?
-
Kalan purchased four new tires at Walmart for $1,000 using there "no payments for 12 months plan." About a year later, before Kalan had made any payments, the tires were not performing as well as...
Study smarter with the SolutionInn App