Strayer databases to research budget planning and control

Assignment Help Finance Basics
Reference no: EM13902002

Use the Internet and / or Strayer databases to research budget planning and control. Imagine that the company that you currently work for, have previously worked for, or would like to work for in the future has tasked you with preparing a budget plan.

Write a three to four (3-4) page paper in which you:

1. Describe the company that you currently work for, have previously worked for, or would like to work for in the future. Determine at least two (2) compelling reasons that this company should prepare and manage a budget. Predict the two (2) most likely positive and negative financial outcomes for this company if it properly or improperly performs effective budgeting.

2. Outline a high-level budget plan for the company. In your high-level budget plan, recommend the most appropriate budgeting phases for the company.

3. Propose two (2) methods and techniques that the company should use to manage its budget over time in preparation for the fact that budgets are ever changing. Justify your response.

4. Imagine that the company is facing a financial challenge that is causing the actual amounts of money that it spends to become significantly off target from its budgeted amounts. Prepare an action plan to resolve the budget misalignment. In your action plan, recommend at least one (1) budgeting technique to resolve the budget and actual discrepancies. Provide a rationale for your response.

5. Use at least three (3) quality academic resources in this assignment. Note:Wikipedia and other Websites do not quality as academic resources.

Reference no: EM13902002

Questions Cloud

Draw the adjacency matrix of the graphs that you select : Draw all six graphs G1, G2, G3, G4, G5, and G6. Pick any three of the six graphs and draw the adjacency matrix of the graphs that you select
Calculate the amounts of these ratios for year four : Calculate the amounts of these ratios for Year 4. Assess the changes in the short-term liquidity risk of Hasbro between Year 2 and Year 4 and the level of that risk at the end of Year 4.
Solid academic writing is expected : Complete the Turnitin worksheet.APA format is not required, but solid academic writing is expected.
What is probability that the plant will be alive when return : You ask your neighbor to water a sickly plant while you are on vacation. Without water it will die with probability .8; with water it will die with probability .15. You are 90 percent certain that your neighbor will remember to water the plant. ..
Strayer databases to research budget planning and control : Strayer databases to research budget planning and control
Code of ethics from netflix presentation powerpoint : Code of ethics from Netflix presentation powerpoint with report.
What is the conditional probability that b y r : What is the probability that no two of the dice land on the same number?
Assignment details and rubric : Unit 8 [MT499: Bachelor's Capstone in Management] Assignment Details and Rubric Please watch the management video listed as Unit 8 Assignment Video found in Webliography before starting your assigned paper.
What is conditional probability that other one is defective : Suppose you purchase two microwaves that were produced at the same factory, which is equally likely to have been either factory A or factory B. If the first microwave that you check is defective, what is the conditional probability that the other ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Performance evaluation systems

The most effective performance evaluation systems are those that focus on identifying, measuring, and improving upon employee performance. In a two- to three-page paper (not including the title and reference pages) you must:

  Napredna tehnologijaestimates the following data for the

napredna tehnologijaestimates the following data for the coming year. if the firm follows the residual dividend model

  Current changes proposed by iasb

What are some current changes proposed by the International Accounting Standards Board and how it will affect U.S. GAAP?

  Discuss the key concepts related to money

Discuss the key concepts related to money, monetary systems, and money supply. Describe the function of the Federal Reserve, its composition, and other key policy makers that influence the financial system.

  Foreign currency transactions

The effect of derivatives and hedging activities on other comprehensive income. The effect of foreign currency translation on other comprehensive income.

  An expansion project being considered by your firm has an

nbspan expansion project being considered by your firm has an initial cost of 1250000 and expected net cash flows of

  Using these numbers in excel 25 45 73 16 34 98 34 45 26 2

using these numbers in excel 25 45 73 16 34 98 34 45 26 2 56 97 12445 23 63 110 12 17 41what is the mean median mode

  Computing firm-s value and its ebitda multiple

Compute Soundbytes’ enterprise value and its EBITDA multiple. Compute Hagar Enterprise’s EBITDA.

  Explain and identify the types of cost

Briefly explain and identify the three types of cost estimates. Cite any pertinent examples from your own experience in working with these types of cost estimates.

  Why does cds bond rating and cost of debt depend on the

why does cds bond rating and cost of debt depend on the amount of money

  Alpha stock has a beta of 123 its required return is 1175

alpha stock has a beta of 1.23 its required return is 11.75 and the risk-free rate is4.30. what is the required rate of

  What is the percent increase in ebit

The firm will incur fixed costs plus depreciation and amortization of $100,000, then what is the percent increase in EBIT if the actual sales next year equal 11,330 pairs of shoes instead of 9,330?

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