What is participative budgeting? Discuss some of its advantages.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Participative budgeting is a system of budgeting that gives subordinate man...View the full answer
Answered By
Amit Kumar
I am a student at IIT Kanpur , which is one of the prestigious colleges in INDIA.
Cleared JEE Advance in 2017.I am a flexible teacher because I understand that all students learn in different ways and at different paces. When teaching, I make sure that every student has a grasp of the subject before moving on.
I will help student to get the basic understanding clear. I believe friendly behavior with student can help both the student and the teacher.
I love science and my students do the same.
4.90+
44+ Reviews
166+ Question Solved
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is participative budgeting? Discuss some of its advantages.
-
What is three-tier architecture? What are some of its advantages over two-tier architecture?
-
What are the advantages and disadvantages of participative budgeting compared to top-down budgeting?
-
Suppose x = e y . Compute the value of y, given the following values of x: (a) x = 2 (b) x = 3 (c) x ~ 1.5 (d) x 3 (e) x = .5 (f) x = .002 (g) x = 10 (h) x = 1
-
Describe the business culture in Egypt.
-
Retained earnings in a corporation include which of the following types of transactions: a. Profits (losses) and issuance of shares b. Profits (losses) and dividends c. Profits (losses) and...
-
You throw a \(100-\mathrm{g}\) ball upward with a speed of \(19.8 \mathrm{~m} / \mathrm{s}\). How much work does the force of gravity do on the ball during its trip to its maximum height?
-
D-List Calendar Co. specializes in manufacturing calendars that depict obscure comedians. The company uses a standard cost system to control its costs. During one month of operations, the direct...
-
31 (i) Explain why the refractive index of any material with respect to air is always greater 1. (ii) In the figure below a light ray travels from air into the semi-circular plastic block. Give a...
-
Internet Consulting Service, Inc., adjusts its accounts every month. The company's year-end unad- justed trial balance dated December 31, 2018 follows. (Bear in mind that adjusting entries already...
-
Discuss the roles of monetary and nonmonetary incentives. Do you believe that nonmonetary incentives are needed? Why?
-
What is the role of top management in participative budgeting?
-
Explain how a stock market crash could affect the economy?
-
Modify Transition to handle pages with no outgoing links, by filling rows corresponding to such pages with the value 1/n, where n is the number of columns.
-
Write a code fragment to multiply two rectangular matrices that are not necessarily square. Note: For the dot product to be well defined, the number of columns in the first matrix must be equal to...
-
Write a program that takes two positive integers as command-line arguments and prints true if either evenly divides the other.
-
Minima in permutations. Write a program that takes an integer commandline argument n, generates a random permutation, prints the permutation, and prints the number of left-to-right minima in the...
-
Write a code fragment that prints the contents of a two-dimensional boolean array, using * to represent true and a space to represent false. Include row and column indices.
-
Simplify. 232-598
-
Consider the activities undertaken by a medical clinic in your area. Required 1. Do you consider a job order cost accounting system appropriate for the clinic? 2. Identify as many factors as possible...
-
Olive Patch Italian restaurant is divided into segments based on location. Its Capital Boulevard location in the eastern segment has sales of $600,000, net operating income of $60,000, and average...
-
There are two different hotel chains that you have identified as potential investment opportunities. You are looking for a minimum required rate of return of 8 percent. As a starting point, you have...
-
You are trying to determine which of two retail clothing stores would be a more beneficial investment to you. You have a minimum required rate of return of 7 percent and have collected the following...
-
You have just made your first $5,200 contribution to your retirement account. Assume you earn a return of 12 percent per year and make no additional contributions. a. What will your account be worth...
-
There are two components of leadership. The first is your own personal style and the second is how you choose to lead. Use the following checklist to evaluate your leadership style: What Kind of a...
-
Selected Realized Returns, 1926-2017 Average Return Standard Deviation Small-cap stocks 16.5% 31.7% Large-cap stocks 12.1 19.8 Long-term corporate bonds 6.4 8.3 Long-term government bonds 6.0 9.9...
Study smarter with the SolutionInn App