User Account

All Pages

What are the types of budgets organizations can use

Assignment Help Accounting Basics
Reference no: EM132218852

Question: This discussion has 3 parts:

Budgeting in any organization, whether it is for-profit, nonprofit, or even a governmental agency, is important for: income planning and monitoring; revenue versus expenses; resource management; and successful financial planning.

1. Provide an example as to why these reasons are so important for organizations to budget.

2. What are the types of budgets organizations can use? How are they different and why would a company choose one type over another?

3. How can you apply what you will learn in this class to your personal and professional life?

300 words. 1 Ref

Reference no: EM132218852

Questions Cloud

Discuss the principles presented by modigliani and miller : Before coming to that conclusion (as stated above), please discuss the principles presented by Modigliani and Miller and explain your agreement or disagreement.
Assess investment options based upon expected returns : The Assignment requires the application of the Net Present Value (NPV) model to assess investment options given cost of capital, commonly referred.
Record wlan access points at a public place : BN303 : Record WLAN access points at a public place (such as at a shopping centre, public place, home network etc. of your choice).
Create an argument that the same goals may be achieved : Create an argument that the same goals may be achieved if the company remains a privately held entity. Provide support for your argument.
What are the types of budgets organizations can use : Budgeting in any organization, whether it is for-profit, nonprofit, or even a governmental agency, is important for: income planning and monitoring.
Identify what ethical issue arise from use of driverless car : Identify what ethical issues arise from use of driverless cars. Will you embrace this emerging technology from ethical perspective?
Explain core concepts related to stocks : The purpose of this assignment is to explain core concepts related to stocks and to analyze the ethical implications of decisions and promote ethical standards.
Demonstrate your skills for data clustering : SIT720: Demonstrate your skills for data clustering and dimensionality reduction.
Describe what contribution margin means : What types of decisions could you make using the contribution margin? Give specific examples of how you might use the contribution margin to make decisions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the contract size of the euro fx futures contract

What is the contract size of the Euro FX futures contract? What about British Pound futures contract size? Are they the same?

  Floyd corporation had the following transactions pertaining

floyd corporation had the following transactions pertaining to debt investments. jan. 1 purchased 50 8 1700 petal co.

  Prepare entries to record the acquisition

Alexis sold one-half of these shares for $475,000. Prepare entries to record both the acquisition and the sale of these shares

  Identify temporary differences and classification criteria

A company properly uses the equity method to account for its 30% investment in another company. Identify temporary differences and classification criteria

  Compute the net amount of deferred income taxes to be

presented below are two independent situations related to future taxable and deductible amounts resulting from

  Given that production was greater than planned should cyril

at the end of 2008 cyril fedako cfo for fedako products received a report comparing budgeted and actual production

  Write a report to evaluate the proposed information system

Write a report to evaluate the proposed information system and provide your recommendations. Identify and document record and systems requirements

  The management of kunkel company is considering the

the management of kunkel company is considering the purchase of a 34000 machine that would reduce operating costs by

  Corbett pharmaceutials manufactures are

corbett pharmaceutials manufactures are over-the-counterallergy medication. the company sells both large commercial

  Kilgore auto parts reported the following information at

kilgore auto parts reported the following information at december 31 2004 preferred stock 10 50 par cumulative 50000

  Determine the break-even point for each alternative

Determine the break-even point for each alternative.

  Flexible budget with separate variable and fixed categories

Prepare a flexible budget with separate variable and fixed categories for utility cost at 1,325, 1,475, and 1,625 machine hours

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