Reference no: EM131539504
Discussion 1: "Preparing the Operating Budget"
Please respond to the following:
From the e-Activities, discuss two differences between Michigan's budget and your state budget in terms of budget process, financial reporting, and costs analysis (fixed costs, step-fixed costs, and variable costs). Justify your response with examples.
Discuss the pros and cons of forecasting over a five to ten year period. Justify your response with examples.
Discussion 2: "The Budget"
Please respond to the following:
From the first e-Activity, discuss four governmental expenditures that you believe will have a significant impact on your local economy over the next year. Justify your response with examples
Discuss two to three challenges an administrator may face when developing and reviewing proposals for budget cuts.
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Discuss three challenges in the budget process
: From the second e-Activity, discuss three challenges in the budget process. Justify your response with examples.
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Prepare the third-quarter production budget for skis
: Diamond Slope Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company's management predicts that 7,000 skis and 10,000 pounds.
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Forecasted amount for property and equipment
: What will be the forecasted amount for property and equipment, gross, at the end of 2017?
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Prepare a master budget for each of the first three months
: Near the end of 2011, the management of Simid Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2011.
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Explain pros of forecasting over a five to ten year period
: Discuss the pros and cons of forecasting over a five to ten year period. Justify your response with examples.
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Research comair flight 5191 and review the video
: Discuss the human error in this accident and created a Causation Model to break the cause.
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Should you take the lump sum or opt for the yearly payments
: Should you take the lump sum or opt for the yearly payments?
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Write a summary of how crm was used with the airliner
: Write a Summary of how CRM was used with the airliner and explain the ARS examples.
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Prepare budgeted income statements for each month
: Lilliput, a one-product mail-order firm, buys its product for $60 per unit and sells it for $130 per unit. The sales staff receives a 10% commission.
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