Identify at least three roles that budgeting plays in helping managers control and monitor a business.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 45% (11 reviews)
A budget helps managers control and monitor a business by 1 Communicat...View the full answer
Answered By
Mahesh G
I have more than 7 years of experience in teaching physics, mathematics and python programming to more than 600 students including both online and offline tutoring.
I follow the following 7 step fundamental approach towards tutoring.
1. Curiosity, scope, enlightenment of the topic in hand.
2. Problem Definitions and elaboration.
3. Requisite mathematics, analytical abilities and quantitative
aptitude.
4. Preparing Algorithms for problem statement.
5. Concepts with analogies and building algorithm.
6. Introspection and improvising.
7. Daily class wise Cheat sheets(its not cheating) for consolidation.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Identify at least three benefits of budgeting in helping managers plan and control a business.
-
Identify at least three main areas of accounting for accounting professionals. For each accounting area, identify at least three accounting-related opportunities in practice.
-
Identify at least three of the main data mining methods.
-
Data on the length, in seconds, of a sample of 50 songs by The Beatles are presented in the accompanying data table. Complete parts (a) through (d) below. Click the icon to view the table of song...
-
Pecunious Products, Inc.'s financial results for the past three years are summarized below: Your boss has asked you to review these results and then answer the following questions: a. Is it becoming...
-
Air entrainment in a draining tank (Figure 3A.7) a molasses storage tank 60 ft in diameter is to be built with a draw-off line 1 ft in diameter, 4 ft from the sidewall of the tank and extending...
-
Mass transfer from a bubble. Calculate the mass transfer coefficient for the air-water system for bubbles rising at a gas velocity of \(5 \mathrm{~cm} / \mathrm{s}\) in a pool of stagnant liquid. Use...
-
For each of the following, calculate the cost of inventory reported on the balance sheet. (a) The total merchandise on hand at the end of the year as determined by taking a physical inventory is...
-
Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (8,000 units) Variable expenses Contribution margin Fixed expenses Total Per Unit $ 272,000 $...
-
On January 1, 2018, Jana started a small flower merchandising business that she named Jana's Flowers. The company experienced the following events during the first year of operation: 1. Started the...
-
What is capital budgeting?
-
Identify four reasons that capital budgeting decisions by managers are risky.
-
For the following exercises, use the function values for f and g shown in Table 3 to evaluate each expression. f( g(5)) x 0 f(x) g(x) 9 91 7 6 5 25 5 6 3 4 4 1 Table 3 0 8 2 5 0 8 627 7 1 8 9 600 9...
-
Twenty-four shims (no stacking) are used to level the 720 sq in. bed of a wood-turning lathe. Using the same leveling requirements, how many shims should be required to level the 1260 sq in. bed of a...
-
Why do people join groups? Discuss the contributions of formal groups to organizations and contributions of informal groups to individuals.
-
What role do HR strategies play in the overall business strategy of an organization?
-
1522 customers at a major retailer were surveyed whether or not they made a purchase and were satisfied with the service they received. The table below organizes the responses. Satisfied with...
-
Discuss the physicoptions arel options arend cognitive developmentoptions arel stoptions areges of options aren options aredolescent, including heoptions arelth risks, poptions aretient options...
-
Distinguish between set representations that are implicit and those that are explicit.
-
Velshi Printers has contracts to complete weekly supplements required by fortysix customers. For the year 2018, manufacturing overhead cost estimates total $600,000 for an annual production capacity...
-
How do you read input from console in Java?
-
Use Apples financial statements in Appendix A to answer the following. 1. Is Apples statement of cash flows prepared under the direct method or the indirect method? 2. For each fiscal year 2017,...
-
Key figures for Apple and Google follow. Required 1. Compute the recent two years cash flow on total assets ratios for Apple and Google. 2. For the current year, which company has the better cash...
-
Key comparative information for Samsung, Apple, and Google follows. Required 1. Compute the recent two years cash flow on total assets ratio for Samsung. 2. Is the change in Samsungs cash flow on...
-
a) Give one reason why local Pakistan bus businesses could benefit from Pakistan's crisis. b) Give one reason why local bus businesses could be hurt by the Rupee crisis.
-
A P/E multiple could be high relative to the S&P 500 Index because its high growth rate justifies it. You notice a stock that has an assumed growth rate of 5.43% with a dividend payout ratio of 64.9%...
-
What would be the volume ( cm 3 ) of a piece of Styrofoam if it had a mass of 3 5 0 g , no matter its shape? Show calculation.
Study smarter with the SolutionInn App