Integrate a decision package, for the Zero Base Budget. The Company Sociedad Annima with 9 years of having started activities, whose line of business is

Integrate a decision package, for the Zero Base Budget.

 

The Company Sociedad Anónima with 9 years of having started activities, whose line of business is the purchase and sale of cleaning items presents the following situation. Its manager has performed good management, which has led to a solid growth, however, has not dealt sufficiently with accounting matters and has caused problems with the administrative council, so the council suggests implement a zero-based budget.

 

The company has the following information: On November 29, 2021, integrate your decision package with the following information: Hire a public accountant to take care of accounting aspects corresponding to the Finance department of the company. 

 

This activity would lead to an improvement in the control of financial, fiscal and administrative, avoiding problems of financial embezzlement and fiscal problems.

If the contract is not carried out, the risk that the company runs is that its cash flows and its accounting information is not true, not complying with its organizational profitability objectives, the cost of hiring an Accountant is $40,000.00 per month plus legal benefits, with hours from 9:00 a.m. to 7:00 p.m. Monday through Friday, a computer with a value of $10,000.00

 

The package must contain the following data:

 

- Package name

- Department

- Purpose

- Description of activities

- Achievements and benefits

- Measurement

- Required resources

- Alternatives and consequences of not approving the package

- Decision

- Package preparation date

 

EXERCISE 2 It is requested: - Explain what the zero-based budget is. - Describe the advantages and disadvantages of the zero-based budget, currently in companies, at least 10 of each.