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Question - As a management tool, budget plays a big role not only in planning but also used as a tool to control and evaluate government operations (Freeman & Shoulder, 1996). In the context of the Malaysian Government, various budgeting systems has been introduced since the country achieved independence. Latest, the national budget system has shifted from a modified budget system to a budget-based system Outcome based budgeting (OBB).
Explain two (2) factors that drive the government to switch to the OBB system.
Compared to the modified budget system, explain the two (2) advantages of OBB.
Based on the characteristics of the OBB system, discuss how the budget system can enhance the role of budget as a management tool.
The process of changing these standards usually involves a short deliberation followed by a vote of the U.S. Congress acceptance of the change
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Sport-in Corporation manufactured 10,000 golf bags during April. Production 20,000 units 20,500 units. What is the flexible-budget amount
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Evidence plays a critical role in auditing. Without quality evidence, auditors cannot arrive at the right conclusions about audit objectives. Evidence can be considered strong if it is persuasive. Persuasiveness, in turn, can be achieved if the ev..
the city of mirada wants to offer cable television to its residents in 2009. the city has approached a company called
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Hancock Electric Company uses an accounting information system that allows the administrator to limit an employee's access within the system based.
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