You are a manager in a fictitious company of your choice

Reference no: EM13363816

You are a manager in a fictitious company of your choice. Your director has asked you to explain to the department staff the different types of budgets and techniques in order to provide an overall understanding.

For this assignment, you must develop a 2 to 3-page narrative that you will deliver to the department staff and director explaining the different kinds of budgets. Please select or make up your company and its purpose. You will also recommend which type of budget should be used and which budgeting technique would best fit the company. Using an income of 1 Million per year, you must answer the following questions:

Explain what are the various kinds of budgets? Please explain each.
Describe hich type of budget is best for your selected company?
Which type of calendar year will you choose and why?

Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.

Reference no: EM13363816

Questions Cloud

You are considering changing jobs your goal is to work for : you are considering changing jobs. your goal is to work for 3 years and then return to school. a potential employer

Laurel inc and hardy corp both have 10 percent coupon bonds : laurel inc. and hardy corp. both have 10 percent coupon bonds outstanding with semiannual interest payments and both

Lashi and hsipaw railways ltd is currently unleveredie it : lashi and hsipaw railways ltd is currently unleveredi.e. it has 100 equity and no debt. there are 1000000 shares on

Capital budgeting involves decisions about whether or not : capital budgeting involves decisions about whether or not to invest in fixed assets and it has a major influence on

You are a manager in a fictitious company of your choice : you are a manager in a fictitious company of your choice. your director has asked you to explain to the department

You were recently hired as management director of the new i : you were recently hired as management director of the new i can business incorporated icbi. you have been asked to

Williams inc has the following mutually exclusive : williams inc. has the following mutually exclusive investment opportunities. if the appropriate discount rate was 15

Xdr corp is expecting a 10 increase in sales next year xdr : xdr corp. is expecting a 10 increase in sales next year. xdr has an inventory balance of 1000000 and uses the percent

Suggest the key factors that should be considered when : suggest the key factors that should be considered when determining business form and structure. provide support for

User Account

All Pages