Limitations of budgeting, Cost Accounting

Assignment Help:

Limitations of Budgeting

1. Too mush reliance may reason resistance or inflexibility to change.

2. Difficult to set levels of attainment. It may result into too tight budgets that reasons loss of morale.

3. Antagonism whereas budgets exert undue pressure.

4. Budgeting control is a terminate exercise and hence any type of report from investigation of variances may be of little employ to the current operations.


Related Discussions:- Limitations of budgeting

Cost drivers and predictors, why is determining the cost to manufacture a p...

why is determining the cost to manufacture a product quite a different activity from determining how to control such cost?

Absoption costing, 2001 2002 sale 3200 units 3500 uni...

2001 2002 sale 3200 units 3500 units selling prise Rs.60 Rs.65 unit produced 3400 units 3600 units direct metrial Rs 23 25

Determine the cost, Sanderson Company has the following production data for...

Sanderson Company has the following production data for March: no beginning work in process, units started and completed 28,030, and ending work in process 3,890 units that are 100

Meaning of budget, BUDGET A BUDGET is a quantitative expression of a ...

BUDGET A BUDGET is a quantitative expression of a business plan for a particular future period, generally a year. BUDGET is the planned future course of action. BUDGET

Purchase cost and ordering cost, Ordering cost is incurred whenever the ...

Ordering cost is incurred whenever the inventory is replenished. It includes costs associated with the processing and chasing of the purchase order transportation, inspec

Sources of funds, We have noticed that working capital is needed to finance...

We have noticed that working capital is needed to finance that portion of current assets that is not financed through current liabilities. We also noticed that the investments repr

Create a balance sheet, Igor and Angela were married in 2005, separated in ...

Igor and Angela were married in 2005, separated in 2011, and divorced recently. At the time of marriage, each had some investments and personal assets. They both worked during the

Standards on motivation, ADescribe the impact of different types of standar...

ADescribe the impact of different types of standards on motivations, and specifically, the likely effect on motivation of adopting the labor standard recommended for Geeta & Compan

#title.materials costing and accounting., material ledger card.following t...

material ledger card.following transactions affecting material No115-8 occurred during march 1992. march 1 balanced on hand 500 [email protected] per gallon maech 2 received 1200 gall

Write Your Message!

Captcha
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