Why do you think the budgets are considered static

Assignment Help Accounting Basics
Reference no: EM132546584

Question - A flexible budget is just that- flexible. A static budget is a projection of budget data at one level of activity. Static budgets Ignore data for different levels of activity. They compare actual results with the budget data at the activity level used in the master budget. When used in budgetary control, each budget included in the master budget is considered to be static. All, why do you think the budgets are considered static?

Reference no: EM132546584

Questions Cloud

What is zyx indirect labor cost : ZYX's direct material cost is $156,000, direct labor cost is $2,600,000, and G&A base is $890,000. What is ZYX's indirect labor cost?
Why the word '''' hedge'''' is currently misapplied : Why the word '' hedge'' is currently misapplied to hedge fund?
In which human reactions to budgets have negative impact : The human reactions to the budgeting process, Discuss two ways in which human reactions to budgets can have a negative impact on organisational performance.
Regulation of FinTech and alternative marketplaces : What are the main challenges and concerns surrounding the regulation of FinTech and alternative marketplaces?
Why do you think the budgets are considered static : When used in budgetary control, each budget included in the master budget is considered to be static. All, why do you think the budgets are considered static
Determine the value of a european put option : Use the Black-Scholes formulas to determine the value of a European put option. The following information is given:
What is the purpose of whistleblowing : How does a firm address, or should they address ethical issues as they relate to managerial accounting? What is the purpose of whistleblowing?
Making money on a bond investment : How can an investor lose money on a stock while making money on a bond investment if there is a reward for bearing risk?
Briefly discuss four types of organizational budgets : Many types of organizational budgets exist and each have different purposes, strengths, and weaknesses. Briefly discuss four types of organizational budgets

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the actual revenue

Determine the actual revenue collected during the 2015 and 2016 years. Show all your workings - Calculate the following for the 2015 and 2016 years

  A computer manufacturer recently shipped several laptops to

a computer manufacturer recently shipped several laptops to a customer cost 25000 and billed the customer

  What were the firm major sources of cash

What were the firm's major sources of cash? Its major uses of cash? Was cash flow from operations1 greater than or less than net income?

  California mining began operations by issuing common stock

california mining began operations by issuing common stock for 92500. the company paid 83250 cash in advance for a

  Develop a promotional budget for a new ready-to-assemble

develop a promotional budget for a new ready-to-assemble furniture retailer located in a college town using the

  Determine the cost of goods available for sale

Vaughn Company had a beginning inventory on January 1 of 200 units of Product 4-18-15 at a cost of $20 per unit. Determine the cost of goods available for sale

  Compute the carrying value of the bonds immediately

The company uses the straight line method to amortize the discount. Compute the carrying value of the bonds immediately after the second interest payment

  Zack is a farmer who buys his feed and fertilizer from a

zack is a farmer who buys his feed and fertilizer from a farmers cooperative. in 2011 zack purchased 300000 in feed and

  Unit sales to attain the target profit

Assume the company's monthly target profit is $11,000. The unit sales to attain that target profit is closest to:

  Calculate the total cash dividends received by owners

Common Stock-$20 par value, 10,000 shares authorized, 7,000 shares issued and outstanding. Calculate the total cash dividends received by owners of common stock

  Evaluate what changes should be made to sarbanes-oxley act

Evaluate what changes should be made to both the Sarbanes-Oxley Act of 2002 and other current laws in order to make them more effective in deterring companies from committing crimes.

  Each of the items listed below can be found in the

each of the items listed below can be found in the operating section of the statement of cash flows. indicate whether

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