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Advantage and Disadvantages of Zero Based Budgeting
Advantages
1. Resources allocation is more efficient.
2. Focus attention on values for money and makes clear relationship between output and input.
3. Develops a questioning altitude and makes it easier to identify obsolete as well as inefficient and less cost effective operations.
4. Leads to greater management and staff knowledge of operations.
Disadvantages
1. Time consuming.
2. High skills essential.
3. May encourage wrong impression that every decisions must be made via budgets.
4. Short- term benefits may be emphasized to the detriment of long-term benefits.
The total demand (marginal benefit) curve for visiting Yosemite is as follows: Price = 5000-10*NumberOfTrips -10*TonsOfVisibleTrash. a. Suppose the quantity of trash=100 ton
2012 2011 Cash 12200 17700 Acct receivable 25200 22300 Investments
specimen of cost sheet
When implementing ABC, once a company has identified business activities and their costs, the company will probably: A) determine a simplified single cost allocation rate B)
What are the major arguments for absorption costing?
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preparation of costsheet
1. You are required to download the latest annual report published by one of the following institutions: - Adult Multicultural Education Services - Centre for Adult Education
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