What is the main purpose of budgeting

Assignment Help Managerial Accounting
Reference no: EM132896449

Question - What is budgeting? What is the main purpose of budgeting? How might planning of a budget create problems for the organization?

Reference no: EM132896449

Questions Cloud

Evaluate performance evaluation for company : You are writing a book on how to evaluate performance evaluation for a company.
Describe what steps are required to initiate policy change : Discuss the impact on the health care delivery system. Include three peer-reviewed sources and two other sources to support the policy brief.
Determine the depreciation on the building : Determine the depreciation on the building using? straight-line depreciation. Assume the useful life of the building is five years and residual value is $15,000
Discuss two interventions can take as a nurse practitioner : Polypharmacy is defined as being on 5 or more medicines, Discuss two common risk factors for polypharmacy. Give rationale for each identified risk factor.
What is the main purpose of budgeting : What is budgeting? What is the main purpose of budgeting? How might planning of a budget create problems for the organization
Marketing and business plans : What is the difference between a marketing plan and a business plan?
Describe the structure features of state health department : Describe the structure, general functions, specific services, resources, and other important features of your state's health department.
Discuss two common risk factors for polypharmacy : Discuss two interventions you can take as a Nurse Practitioner in your clinical practice to prevent polypharmacy and its complications.
Describe hybrid cloud computing : What is a business process and why it is important? ?Describe hybrid cloud computing.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate and explain variances that would help blake assess

Calculate and explain the variances that would help Blake assess whether renting the new milling machine reduced material waste and labor time

  Management accountants versus users

"Managerial accountants should understand the uses of accounting data, and users of data should understand accounting. Only in this way can accountants provide the appropriate accounting data for the correct uses." Do you agree with this statement..

  Calculate the depreciation expense for the year

Management is considering depreciating the ties using the group method for 2011. Calculate the depreciation expense for the year on the ties using the group method and compute the group depreciation rate for 2011.

  Determine the carrying value of the note at december

Determine the Carrying Value of this note at December 31, 2021, immediately after the 2nd cash payment has been received by Pitchfork.

  Which is ethical standard of conduct for managerial account

Which of the following is an ethical standard of conduct for managerial accountants? Confidentiality./ Objectivity./ Confidentiality

  What controls can be implemented to prevent or detect fraud

What controls can be implemented to prevent or detect the fraud? A city health inspector threatens to close down a restaurant.

  What is the option value based on the binominal model

The current price of a stock is $20, and at the end of one year its pric. Based on the binominal model, what is the option's value?

  Why is information systems design and control important

MS601- Explain the concept of reporting on a horizontal perspective. Why is information systems design and control important?

  What would be the financial advantage buying part

What would be the financial advantage (disadvantage) of buying part U98 from the outside supplier and using the freed space to make more of the other product

  Lifo. compute the gross margin for each method

Hemming Co. reported the following current year purchases and sales for its only product.

  What is the formula for calculating the marginal cost

What is the formula for calculating the marginal cost? Explain why as the volume of production and sales increases total variable costs rise proportionately

  Determine the expected contribution margin

Buffo Company fabricates metal folding chairs. If Buffo plans to produce and sell 3,000 units next month, determine the expected contribution margin

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