Which method of budgeting do you think is likely to be more costly and which method is
Question:
Which method of budgeting do you think is likely to be more costly and which method is likely to be more beneficial for forward planning?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Periodic budgeting will usually take less time and eff...View the full answer
Answered By
Keziah Thiga
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagirism), well-researched and critically analyzed papers.
4.90+
1504+ Reviews
2898+ Question Solved
Related Book For
Accounting An Introduction
ISBN: 9780273733201
5th Edition
Authors: Eddie McLaney, Dr Peter Atrill, Eddie J. Mclan
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
-
Hi there , I need help. for my work i need a relevant and well written introduction as well as conclusion to the following below. My work is complete i just need a introduction and conclusion please...
-
Violet Flowers expects to sell 3,000 plants a month. She estimated the following monthly costs: Variable Costs $9,000 Fixed Costs $15,000 During her second month of operation, Violet would like to...
-
The ratios of the number of phones manufactured at three sites, M1, M2, and M3, are 20%, 35%, and 45%, respectively. The diagram at right shows some of the ratios of the numbers of defective (D) and...
-
Net Present Value Your company has the opportunity to invest in a new computer system that requires an initial outlay of 20,000, and will increase the firms cash flows by 4,000 per year for the next...
-
Units Compute equivalent units of production for the period for each of the following separate scenarios. In your calculations, simply calculate work done during the period, ignoring the application...
-
Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA...
-
Interest Date Face Amount Rate Term 1. Apr. 10 $63,000 4% 60 days 2. June 24 13,200 6 30 days 3. July 1 54,000 6 120 days 4. Oct. 31 54,000 9 60 days 5. Nov. 15 90,000 6 60 days 6. Dec. 27 144,000 4...
-
Bradshaw Corp. has identified three cost pools in its manufacturing process: equipment main tenance, setups, and quality control. Total cost assigned to the three pools is \($143,000,\) \($78,000,\)...
-
Zapex makes electronic components for handheld games and has identified several activities as components of manufacturing overhead: factory rent, factory utilities, quality inspections, mate rial...
-
Given the circuit shown in Fig. 19-36, use the words increase, decrease, or stays the same to complete the following statement: (a) If R7 increases, the potential difference between A and E____....
-
Critically analyse the major differences between traditional human resource management and strategic human resource management and assess the preposition that vertical fit is a prerequisite for...
-
The method of least squares was used to develop a cost equation to predict the cost of receiving purchased parts at a video game manufacturer. Ninety-six data points from monthly data were used for...
-
1. How should Polaris balance the pursuit of new technologies with scaling capabilities to work with existing technologies? 2. How should the company balance its client portfolio? 3. What would be...
-
Consider the active low pass filter of the following figure. Use Matlab to find and plot the magnitude response, given that: 4 2 kilohms R For Z = 50 , = 1 K, R, = 10 , R, = 1K, R = 2 K and C = 0.1...
-
As a result of malpractice suits and legal actions, it is generally recognized that a professional relationship or even the perception that the relationship is a professional one constitutes the...
-
In Problem 6.32, suppose it is desired to add a pump between A and B to drive the oil upward from A to B at a rate of 3 kg/s. At 100% efficiency, what pump power is required? Pa = 180 kPa pipe = 3 PA...
-
Troy is a qualified radiologist who operates a successful radiology practice from purpose- built rooms attached to his house. Troy works in the practice three days a week, and the other two days he...
-
Ivanka's Budgeted Income Statement You are the accountant for Ivanka Ltd which operates a small mixed business. The following estimates relate to the base year (Year 1): Sales of product A $100 000...
-
The Suarez Company reported the following: Revenue Cost of goods sold Cash Net income Year 3 32,000 28,400 3,200 3,558 640 Year 2 28,000 25,600 2,920 2,340 710 18,000 1,700 30 18,800 12 1,200...
-
ABC Company is a distributor of paper products. The following information was provided regarding the companys operations i. The following table shows the actual monthly sales totals for the months of...
Study smarter with the SolutionInn App