Describe the purpose of a flexible budget

Assignment Help Financial Accounting

Reference no: EM13745345

Describe the purpose of a flexible budget.

Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change. Do you agree? Explain.

Reference no: EM13745345

Questions Cloud

Consider the authors argument and the evidence they use : Consider the author's argument and the evidence they use. What does the author claim, how does he or she prove it, and what are the assumptions evident in the text?

Are viruses cellular beings : Are viruses cellular beings

Describe the function of golgi apparatus : Describe the function of each of the following cell organelles: Mitochondria, Lysosome, Golgi apparatus, Ribosome's, Endoplasmic reticulum

Strategy for a business concept : Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.

Describe the purpose of a flexible budget : Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change. Do you agree? Explain.

Explain characteristics of early human civilization : Explain Characteristics of early human civilization. The impact of religion in human societies. The implications of the expansion of the Hellenistic world

Food chains in an ecosystem : A complex of interconnected food chains in an ecosystem is called a/an

Reasonable assurance-fairly stated-in all material respects : Auditors provide “reasonable assurance” that the financial statements are “fairly stated, in all material respects.” Questions are often raised as to the responsibility of the auditor to detect material misstatements, including misappropriation of as..

Identify the business rules associated : Identify the business rules associated with your selected business function / operation. Explain the manner in which such business rules would impact the design of a database.

User Account

All Pages