Question: How is a continuous budget helpful for managers?

How is a continuous budget helpful for managers?

Step by Step Solution

★★★★★

3.38 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A continuous budget also known as a rolling budget is a budgeting approach that involves updating th... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Introduction To Management Accounting Questions!

Q:

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...

Q:

For this case, you will be responsible for preparing a memo in a Word document to address the situation. Memo formats are available in Word under File, New, Search on Professional Memos or Memos for...

Q:

For this case, you will be responsible for preparing a memo in a Word document to address the situation. Memo formats are available in Word under File, New, Search on Professional Memos or Memos for...

Q:

I would like to have the answers for question 1 thru 64 please ACCA 310 FALL 2015 ASSIGNMENT QUIZ CHAPTERS 7 TO 10 Multiple Choice: 1. The financial budget includes a. only the capital budget and the...

Q:

I would like have the answers for questions 65 - 130 ACCA 310 FALL 2015 ASSIGNMENT QUIZ CHAPTERS 7 TO 10 Multiple Choice: 1. The financial budget includes a. only the capital budget and the cash...

Q:

I've attached the quesiton as a word file, thanks! JWCL165_c11_506-567.qxd 8/12/09 7:54 AM Page 506 11 Corporations: Organization, Stock Transactions, Dividends, and Retained Earnings Chapter STUDY...

Q:

Old MathJax webview Q1. Which of these environments might be most suitable for an incremental budget? Q2. Which of these approaches to budgeting is likely to incur the lowest cost? Q3. In most...

Q:

short summary of the article with main points. what are the main issues of the project management duscussed in the article? Was the method used by the authors for the study appropriate on which...

Q:

Q1. Which of these environments might be most suitable for an incremental budget? a) A local-authority leisure centre. b) A high-technology manufacturer. c) An investment bank. d) A software...

Q:

Can you make and provide answers for the following base on the screen shot Establish the organisational goals or objectives. Document team responsibilities. Address diverse needs of the team....

Q:

Identify the solution that will have the highest boiling point: Solution 1) 0.5 mole of KCl (strong electrolyte) in 1.0 kg of water Solution 2) 0.5 mole of MgCl2 (strong electrolyte) in 1.0 kg of...

Q:

Syllabi-Induced Tastes over Exam Grades: Suppose you are taking two classes, economics and physics. In both classes, only two exams are given during the semester. A: Since economists are nice people,...

Q:

un contador de bolsa se le entrega $30,000,000 durante 23 mese

Q:

=+with these summary quantities, appear in the table at the top of the page. The authors of the article assumed in their analysis of the data that both force distributions (advanced and intermediate)...

Q:

For each of the following activities, identify the function the accountant is performingscorekeeping, attention directing, or problem solving. Explain each of your answers. 1. Estimating the...

Q:

For each of the following activities, identify the function the accountant is performingscorekeeping, attention directing, or problem solving. Explain each of your answers. 1. Estimating the...

Q:

The Skokomish Indian tribe sells fireworks for the 5 weeks preceding July 4. The tribes stand on Highway 101 near Hoodsport had budgeted sales of $80,000. Expected expenses were as follows: Cost of...

Q:

Yoshi Company completed the following transactions and events involving its delivery trucks. Year 1 January 1 Paid $23,515 cash plus $1,635 in sales tax for a new delivery truck estimated to have a...

Q:

Aliber's common stock is selling at $97 and a 1 month put option on the stock is $4. The exercise price is $100. The risk-free rate is 8% per year. What is the price of a 1 month call with an...

Q:

Butcher Enterprises has experienced substantial employee turnover among its office workers. During exit interviews, more than 80 percent stated that low pay was the top reason for resigning. The...