Determining the purpose of budgeting

Assignment Help Management Theories
Reference no: EM13905092

If sales forecast is subject to error, then there is no purpose of budgeting. Do you agree? Substantiate your views and also discuss how a flexible budget can be used by management to control the costs.

Reference no: EM13905092

Questions Cloud

Compare the performance through liquidity : Choose any two companies in the same industry which is listed in NIFTY. Compare the performance through Liquidity, Solvency, and Profitability with the help of five Years consecutive proforma statements.
Use the retail inventory method to estimate : 1.In 2013, Dakota Company had net sales (at retail) of $ 260,000.
What is the p-value of your test : An SRS of 25 faculty members at a large southeastern university found that 10 felt that the university was supportive of female and minority faculty. What is the p-value of your test
Principles of fluid mechanics that learned in this module : Write a one to two page paper discussing your observations in terms of the principles of fluid mechanics that you learned in this module.
Determining the purpose of budgeting : If sales forecast is subject to error, then there is no purpose of budgeting. Do you agree? Substantiate your views and also discuss how a flexible budget can be used by management to control the costs.
Determine the magnitude in si dimensional units : For the Mercury manometer system and conditions shown, determine the gage pressure in psi at points A. B. C, D and E in the system
Cost of inventory at the end of the first quarter : 1.On January 1, JKR Shop had $ 225,000 of inventory at cost. In the first quarter of the year, it purchased $ 795,000 of merchandise
Describe the history of the organization : Describe the history of the organization
Set up a government on the island : Map out voyage: the ship is destroyed by the storm and all survivors are on an island. What are the needs and possible results? Set up a government on the island and put together a plan for obtaining food, clothing etc.

Reviews

Write a Review

Management Theories Questions & Answers

  What should be relationship between leaders and followers

What should be the relationship between leaders and followers and Which of McMahon's three types of authority is used in your workplace?

  Cultures place a high value on individualism

How do you explain the popularity of work teams in countries such as the United States and Canada, whose national cultures place a high value on individualism?

  What are the significant factors

What are the significant factors that have led to the success of shoppers' stop?

  Decide on how many copies of a book to purchase

Decide on how many copies of a book to purchase

  Supply chain where items move from left to right

Take a look at this supply chain where items move from left to right: A2 Materials ? Bargain Bumper ? Empire Parts? Cool Car Parts ? A1 Parts ? AutoZone What is the name of Cool Car Parts' second-tier supplier

  Question 1it is strongly argued that the quality management

question 1it is strongly argued that the quality management standard qms iso 90012008 forms a basis for performance

  Who understand its proper use

Who understand its proper use

  How would you go about deciding if coppa has been effective

How would you go about deciding if COPPA has been effective?

  Critically examine the changing focus of staffing policy

Critically examine the changing focus of staffing policy, using practical illustrations, to demonstrate how and why the focus on staffing practice has changed. Examples can be drawn from your own experience, workplace and academic literature.

  What are the ethical implications of target marketing

What are the ethical implications of target marketing

  Trade promotions are widely practiced but sparingly

trade promotions are widely practiced but sparingly researched. retailers prefer trade promotions that provide

  Characterize and analyze the organization supply chain

In this assignment, you will choose an organization to profile. Conduct an investigation to characterize and analyze the organization's supply chain

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd