Why is budgeting important for a company

Assignment Help Accounting Basics

Reference no: EM13759064

1. Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?

2. Describe responsibility accounting and its purpose. What conditions are necessary for responsibility accounting to be used effectively?

Reference no: EM13759064

Questions Cloud

Find the transaction impact the accounting equation : Suppose your company sold $25,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation?

Function of an ecosystem : Investigate the biotic and abiotic structure and function of an ecosystem and investigate how ecosystems recover from disturbance naturally and through human restoration.

Explain the limited aspect of electrical engineering : Write a 500-word DRAFT that focuses on a limited aspect of Electrical engineering's essay: A pattern or series of patterns, A key paragraph, how it's structured and how it works.

Determine the average variable cost : What is the opportunity cost of one more candy bar? What is the opportunity cost of one more bag of peanuts? How do the opportunity costs change - Determine the average variable cost?

Why is budgeting important for a company : Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?

Discuss the rules for the use of combining vowels : Discuss the rules for the use of combining vowels. When is it necessary to use them? What distinguishes a general suffix from other categories of suffixes? Discuss each type of suffix.

Explain the capital budgeting process : Discuss the capital budgeting process and the inputs that are used in capital budgeting.

Explain and describe one type of business : Explain and describe one type of business that might be most successful using an export-based strategy, and one type of business that might be most successful using equity investment overseas and explain why each would be successful using the give..

Roles of prototyping and rapid application developmet : Discuss the roles of prototyping, rapid application development, and agile development

User Account

All Pages