User Account

All Pages

Differentiate between the 2 types of budgets

Assignment Help Business Management
Reference no: EM133183520

Budgeting is a tool used by management for performing the functions of planning, coordinating, and controlling operations of a business. Our textbook, Managing Accounting Concepts, describes 2 main types of budgeting: static budgets and flexible budgets.

Respond to the following:

  • Differentiate between the 2 types of budgets.
  • Provide an example of the type of business or company that would benefit from using a flexible budget.
  • Provide support for your business selection and include the advantage of using a flexible budget over a static budget.

Reference no: EM133183520

Questions Cloud

Case ace insurance company has leadership issues : Annie White and Chandan Patel each supervise twenty clerks at the head office of a large insurance company. The clerks perform routine tasks such as filing, wo
Explain why loyal customers are so important for retailers : Explain why loyal customers are so important for retailers? How can they service their loyal customers to maintain the relationships?
Determine the appropriate premium rate : Consider a 4-year credit default swap, with principal $100. Assume that the probability of default during a year, conditional on no earlier default, is 1.5%. Th
How does covid 19 gives impact towards tourism industry : How does Covid 19 gives impact towards tourism industry in Malaysia. Give your opinion.
Differentiate between the 2 types of budgets : Budgeting is a tool used by management for performing the functions of planning, coordinating, and controlling operations of a business. Our textbook, Managing
Expectation of the outcome of six stocks : What was the expectation of the outcome of your six stocks which are Apple, AirBnB , Coinbase , Amazon, Nike , Tesla over the two weeks, form 03/14 to 03/20 and
Manage the changeover to the new accounting package : Your task: Using Lewin's three-stage model, explain how WW could manage the changeover to the new accounting package.
Identify three resources from different organizations : Search online and identify three resources from different organizations. The three resources can also be difference types of information. Use the following guid
Value of the forward contract : What is the value of the forward contract after the possibility of defaults has been taken into account?

Reviews

Write a Review

Business Management Questions & Answers

  Advantage of services such as ntp

How would you take advantage of services such as NTP and Netflow in your internetwork?

  What is the importance of literature review

What is the importance of Literature review? What are the major categories of Literature review? Explain. Prepare a review of the previous studies with research

  Differences between service and manufacturing operation

Identify major differences between a service and manufacturing operation. Find an example of a process layout of a local business.

  Population parameters or population characteristics

Population parameters or population characteristics can be estimated by taking representative samples of a population.

  Case-the wine producing industry of ambara

The Ambara Wine Producing Industry is one of the largest industries in the world with an annual revenue of $20 billion. The industry is dominated by three large

  How do education and experience

How do education and experience, described as follower influencing characteristics, affect effective followership?

  Ethical principles of psychologists and code of conduct

Read the General Principles section on the APA site: Ethical Principles of Psychologists and Code of Conduct

  What do you think are most difficult international barriers

What do you think are the most difficult international barriers: marketing, distribution, or supply chain? Why?

  Examine the advantages for jones department store

Find out if the shift leaders are properly classified as Exempt. Provide reasons for your answer.

  Among um student-there are two phenotypes of the trait

Among UM students, there are two phenotypes of the trait, "HYGIENE". The two phenotypes are STINKY and SMELLY. Two stinky students mate and have 100 children

  Team performance reporting

Create a simple project team development plan. Your plan should follow the process for managing communications

  Describe the nature of the organizational culture

Describe the nature of the organizational culture in the restaurant

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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