Explain three benefits of a system of budgets and budgetary control.
Question:
Explain three benefits of a system of budgets and budgetary control.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (6 reviews)
1 Definite planning Budgets are based on welldefined plans Budgets empower the d...View the full answer
Answered By
Muhammad Imtiaz Rasool
Teaching profession brings with it lots of duties and challenges.
When I completed my Bachelor's Degree. So I entered this profession.
I am in this profession of teaching in a School for about 2 years. Every time whenever I am going to teach a class as a part of this noble profession .I am learning also. I am trying consistently ....how to represent, interpret, summarize and rethink about the whole concept I wish to teach or rather inspire my students in a specific period of time assigned to me.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
Question Posted:
Students also viewed these Business questions
-
Explain three limitations of a system of budgets and budgetary control.
-
Name three benefits of a well-designed MRP system?
-
A budgetary planning and control system may include many individual budgets which are integrated into a 'master budget'. You are required to outline and briefly explain with reasons the steps which...
-
After reviewing fractal dimension in class this week, I want to revisit it with a couple of computational examples. The deletion fractal below (sometimes called a Sierpinksi hexagon) is constructed...
-
Do you believe that superstition can be considered to be a trait? Do you consider yourself to be superstitious? Do you know of anyone who you think is very superstitious? Have any superstitions...
-
The income statement of GrandRider, a U.K. automotive manufacturer, reported revenues of 7,435, cost of sales of 6,003, other operating expenses of 918, a loss of 2 on the sale of a business, and net...
-
In the Bohr model of the hydrogen atom, an electron orbits a nucleus consisting of one proton. Given that the electron and proton are both spinning, describe the types of magnetic interactions you...
-
Two firms compete in a market to sell a homogeneous product with inverse demand function P = 400 2Q. Each firm produces at a constant marginal cost of $50 and has no fixed costs. Use this...
-
what happens when ou use an aggregation function in a calculated column?
-
1. You have been asked by a client to advice on the financial position of two companies in a similar trade sector. You have been supplied with the following financial statements. Income Statement for...
-
Calvin owns a business manufacturing electrical parts. The business operates two production departments machining and assembly. The business also has two service departments stores and maintenance....
-
Target profits Sid owns a business in a seaside resort. He sells greeting cards. On average, each card costs $0.50 to buy and is sold for $1.20. The annual bushess fixed costs are $110,000. Sid sets...
-
The voltage and current across a load are given by V eff = 110 V and I eff = 20 50 A, respectively. Find P and Q.
-
Find the objectives of Go2Joy hourly hotel booking app would like to evaluate their current brand performance and maximize it with better marketing programs? What types of research design (...
-
Competition Authority initiated an investigation about competitors A, B, C and D because of no-poach agreements between their HR teams. They agreed a gentlemens agreement about not transfering their...
-
For each of the three curves (AD, SRAS, and LRAS) explain what they each represent and list the things that will shift each of them. AD: What does this curve represent? list of things that will shift...
-
1) Explain three determinants of (nominal) money demand and downward sloping money demand curve. 2) Explain the mechanism of how open market operation determines Federal fund rates, and eventually...
-
What is a total poverty Gap ratio for for people who earn 30 40 50 and 60 were property line is 25?
-
Harry Haney, manager of the Eastern Division of Mertock Co., made the following comment to the manager of the Central Division: It's all well and good for you to say that I should disregard sunk...
-
When a company has a contract involving multiple performance obligations, how must the company recognize revenue?
-
Read Yusuf (Wie) J. & Sloan, M.F. (2015). Effectual Processes in Nonprofit Start-Ups and Social Entrepreneurships: An Illustrated Discussion of a Novel Decision-Making Approach by Juita-Elena (Wie)...
-
Read the article Effectual Processes in Nonprofit Start-Ups and Social Entrepreneurships: An Illustrated Discussion of a Novel Decision-Making Approach by Juita-Elena (Wie) Yusuf and Margaret F....
-
Read The Nonprofit Clinic at the University of Pittsburgh: preparing students for transition to professional settings by K. Kearns. (See Articles.) What were some of the risks that students and...
-
What is the name of the technique the Ancient Greeks used to cast bronze statues?
-
How do partnerships and collaborations with external stakeholders, including community organizations, advocacy groups, and industry associations, enhance organizations' capacity to advance diversity,...
-
Why are the procedures for conducting an audit complex to understand? Include a summary of the topic, and what can be done to make it easier to understand it.
Study smarter with the SolutionInn App