A benefit from budgeting is that it forces managers to think about and plan for the future.

Fantastic news! We've Found the answer you've been seeking!

Question:

True

False

Related Book For answer-question

Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

See More Books

Posted Date: Jan 13, 2021 06:40 AM

See More Questions

Jupiter service company decides to increase the amount of the petty cash fund from 500 to 600 the journal entry must be made to debit the cash account and credit the petty cash account for 100 true...
A criticism of budget lapsing is that it forces decision makers to find ways to spend the money allocated to them in the budget, even when there is no real need. Do you agree with this criticism? Can...
True / False Questions: If false, give a counterexample or a brief explanation? (a) A solution set of a homogeneous system of linear algebraic equations, given by Is a subspace of R4. True or false?...
A major electronics manufacturer expects to generate additional revenue from its recently won government contract. The company forecasts that the revenue will be $190 million in the first year, but...
Create a two-column list, and in the first column, list Fitters flawed supply chain management process. In the second column, list the ways in which an ERP system could alleviate some of these...
1. Natasha is an example of what kind of an investor? 2. At each funding stage prior to the IPO (i.e., 1985, 2000, 2003, and 2006) calculate the pre-money and post-money valuation of the equity of...
Following are selected questions from internal control questionnaires relating to a companys purchasing, receiving, cash disbursement, and recording functions. A Yes response to a question would...
AAA Lock Manufacturing Co. makes and sells several models of locks. The cost records for the ZForce lock show that manufacturing costs total $29.00 per lock. An analysis of this amount indicates that...
An instructor is performing Young's double-slit experiment for his students. He directs a beam of laser light to a pair of parallel slits, which are separated by 0.102mmfrom each other. The portion...
There is an array A made of N integers. Your task is to choose as many integers from A as possible so that, when they are put in ascending order, all of the differences between all pairs of...
Can you please explain this question? It is based on New Zealand Agricultural Tax Jeff owns a six-hectare block near Christchurch. Jeff and his wife, Marie, bought the property three years ago with...
Evaluate (5x-3yx)ds where C is the curve y = x + 2x from (0,0) to (1,3).
A standardization battle is underway in the market for electric cars, with BMW, Nissan, Tesla and Toyota investing to establish their technology as the dominant standard. In the battle, Tesla has...
Develop an essay where you will evaluate the basic concepts of the micro theory of economics. To do this, you must review content on the topic in academic literary resources. Provide a minimum of 2...
What ethical considerations arise in collaborative endeavors involving sensitive data sharing and knowledge exchange, and what governance mechanisms should be implemented to safeguard privacy and...
What strategies can leaders employ to cultivate a culture of collaboration that transcends geographical boundaries and time zones, especially within multinational corporations operating in diverse...
How is a recovery recorded in the financial statements? 8. What are the potential tax implications of a recovery? . How does a recovery affect the net income and profitability of a business?
Why is it important to understand the macro-environment when making decisions about an international retail venture?
Joans Fabrics has employed a balanced scorecard for several months now. Results for the first quarter after the full rollout are as below: The firm computes the incentive payout for managers based on...
Suppose your firm is currently employing a traditional volume-based product costing system. Further, suppose that you begin to improve this system by incrementally modifying one cost pool at a time...
Assume a firms overall inventory has increased during the period. Is it possible for income under variable costing to exceed income under absorption costing? (Hint: think about multiproduct firms or...
Using the generalized virial coefficient of correlation, estimate the residual enthalpy and entropy for ethylene at $339.7 \mathrm{~K}$ and $1 \mathrm{bar}$, given that \(T_{\mathrm{C}}=283...
For a gas which obeys the equation of state $\left(P+\frac{a}{V^{2}} ight) V=R T$, prove that the JouleThomson coefficient is \[ \mu_{\mathrm{JT}}=\frac{2 a R T}{C_{P}...
Show that $\left(\frac{\partial C_{P}}{\partial P} ight)_{T}=\frac{6 B}{T^{3}}$ for a gas obeying the equation of state $V=\frac{R T}{P}+A-\frac{B}{T^{2}}$. [Hint: We know that...

A benefit from budgeting is that it forces managers to think about and plan for the future.

Question:

Expert Answer:

answer is True Explanation Yes B... View the full answer

Managerial accounting

Students also viewed these accounting questions