What is the advantage of preparing the flexible budget? The period is over and the actual results
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Preparation of the expost budget allows management to compare actual results with the budget t...View the full answer
Answered By
Joram mutua
I am that writer who gives his best for my student/client. Anything i do, i give my best. I have tutored for the last five years and non of my student has ever failed, they all come back thanking me for the best grades. I have a degree in economics, but i have written academic papers for various disciplines due to top-notch research Skills.In additional, I am a professional copywriter and proofreader.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is the advantage of transmitting power at high voltages?
-
What is the advantage of using common size income statements to present financial information for several accounting periods?
-
What is the advantage of making a Section 83(b) election?
-
Refer to E 29 and respond to the following requirements. Data in E 2-9 Prepare the necessary adjusting entries on December 31, 2024, for the Microchip Company for each of the following situations....
-
On January 1, 2013, Cougar Creations Inc. purchased $100,000 of 5-year, 8% bonds when the effective rate of interest was 10%, paying $92,277. Interest is to be paid on July 1 and December 31. 1....
-
Jackson & Sons uses packing machines to prepare its products for shipping. They need to replace their primary packing machine and are considering two different options. Machine 1costs $397,900 and...
-
Using Program16.m(Houbolt method), solve Problem 11.20. Data From Problem 11.20:- The equations of motion of a two-degree-of-freedom system are given by \(2 \ddot{x}_{1}+6 x_{1}-2 x_{2}=5\) and...
-
Carol is a single mother who owns a wholesale auto parts distributorship. The business is organized as a sole proprietorship. Her business has advanced, and she can no longer devote the time...
-
Dr . Steven Smith is a cardiologist who owns a profitable practice in the Bronx. He is contemplating adding a gym to his practice within the same building that houses his medical practice. This...
-
Consider a window the shape of which is a rectangle of height h surmounted a triangle having a height T that is 1 times the width w of the rectangle (as shown in the figure below). If the...
-
Fixed cost variances are computed differently from the variances for variable costs. Why?
-
What is the link between flexible budgeting and management control?
-
Conduct some research in order to identify examples of innovative benefit practices. A useful starting point is an Internet search using phrases such as best companies to work for.
-
Which of the following statements is (are) true? I. Social performance indicators from an Islamic perspective should include congregational prayers. II. It is acceptable for Islamic business...
-
Who elects the directors of a non-profit organization?
-
A memo announcing flexible policies to help employees create a healthy work-life balance: a. Effective February 1, all our employees will be able to benefit from new opportunities for achieving a...
-
What basis of comparison is used for interim financial statements?
-
The three basic categories of information in the GRI Framework on Sustainability are: a. economic, human rights, and ethics. b. economic, environmental and corporate governance. c. economic,...
-
You have just cooled a glass of tap water at 20C by adding ice, at 210C. The glass originally contains 400 mL of tap water, to which 100 g of ice is added. Assume that the glass is adiabatic....
-
How can a promoter avoid personal liability for pre-incorporation contracts?
-
What is the full form of JDK (a) Joint Development Kit (b) Java Demonstrate Kit (c) Java Development Keyword (d) Java Development Kit
-
Refer to the data for Bens Corporation in Exercise 11-35. Required Use the step method to allocate the service department costs to the production departments. Allocate HR costs first, followed by IT,...
-
Refer to the data for Bens Corporation in Exercise 11-35. Required Use the reciprocal method to allocate the service department costs to the production departments. (Matrix algebra is not required.)...
-
Refer to Exercises 11-29, 11-31, and 11-34 (University Printers). Required a. Which method do you think is best? Why? b. How much would it be worth to the company to use the best method compared to...
-
The current time 15 September 15, 2008. The manager of a $500 million short-term loan portfolio would like to use Eurodollar futures to hedge uncertainty of interest receipts. The interest rate on...
-
How do you design a database schema for a simple e-commerce application ? Explain
-
What is a database transaction, and what properties should a transaction have (ACID properties) ? Explain
Study smarter with the SolutionInn App