Why is it considered important to have employees participate in preparation of budgets section.
Question:
Why is it considered important to have employees participate in preparation of budgets section.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
There are several reasons why its important for employees to participate in the preparation of a bud...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
How do you explain the behaviour of permanent clerks in the winter garments section
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
What type of business is S. G. Cowen? How is this firm different from the other financial firms? How systems and operations of financial firms are different from other types of businesses - say...
-
In December 2022, more than a year after Ontarios vaccine management system was breached, the Ontario government is notifying around 360,000 people that their data was stolen and potentially given to...
-
A prototype water pump has an impeller diameter of 2 ft and is designed to pump 12 ft3/s at 750 r/min. A 1-ft-diameter model pump is tested in 20C air at 1800 r/min, and Reynolds-number effects are...
-
The 2021 income statement of Anderson Medical Supply Company reported net sales of $8 million, cost of goods sold of $4.8 million, and net income of $800,000. The following table shows the company?s...
-
A typical loaded commercial jet airplane has an inertia of \(2.1 \times 10^{5} \mathrm{~kg}\). (a) Based on the time intervals involved, which do you expect to require more energy: getting the plane...
-
Sharam Industries has a 120-day operating cycle. If its average age of inventory is 50 days, how long is its average collection period? If its average payment period is 30 days, what is its cash...
-
Although the R.U.L.L.C.A. is silent on the allocation of profits and losses among members (for tax purposes), it does provide that if an LLC makes any distribution to its members, the distribution...
-
What kind of feedback is needed on performance against budget.
-
How do budgets help with motivation? How might budgets discourage motivation.
-
The intensity I of sound varies directly as the power P of the source and inversely as the square of the distance r from the source. Two sound sources are separated by a distance d, and one has twice...
-
Enumeration is a method sometimes used in integer LP. So why is it generally considered unfeasible and often impossible to solve integer programming problems?
-
What is EOQ (economic order quantity)?
-
Why is the perfectly competitive mode a model of efficiency? How have the courts dealt with market inefficiencies or failures and price regulation?
-
A JIT system will usually result in a. a low annual holding cost. b. very few orders per year. c. frequent shutdowns in an assembly line. d. high levels of safety stock.
-
The probability of an event occurring given that another event has taken place is a. priory probability. b. empirical probability. c. conditional probability. d. subjective probability. e. none of...
-
Discuss the role of personal selling in the promotion mix. In what situations is it more effective than advertising?
-
Design a circuit which negative the content of any register and store it in the same register.
-
The Sycamore Company has inventories which include the following four items: What amount should be reported as total inventory in respect of these three items? Purchase cost Selling price Cost of...
-
The Sycamore Company has inventories which include the following four items: What amount should be reported as total inventory in respect of these three items? Purchase cost Selling price Cost of...
-
On reviewing the company's financial statements, the company accountant discovers that items of year-end inventory of goods which cost 18,000 have been omitted from the record. What will be the...
-
Discuss how HR practices guide a company to meet its social responsibility strategy. Explain the responsibility of HR leadership in relation to establishing and adhering to ethical policies and...
-
Explain what is going on, who is involved and what is the significance of the passage: "That, or a phantom spirit send you into raptures
-
Explain the advantages and disadvantages of filling positions with (1) internal candidates and (2) external candidates. Which type of candidate typically performs best?
Study smarter with the SolutionInn App