Show the activity based budgeting, Strategic Management

Assignment Help:

Q. Show the Activity based budgeting?

Activity based budgeting (ABB) uses cost  'drivers'  for  different  support  resources consumed e.g. machining, quality control or administration support, in other words cost levels are forecast and determined by using activity based costing (ABC). ABB therefore should produce more accurate budgeted figures against which actual costs can be compared to report more meaningful variances.   

Rolling or continuous budgeting is when the budget is updated and revised on a regular and frequent basis. The method is to add a further period immediately to the budget when an earlier period has expired, for example if Jan to Mar 2010 is the first three months of a yearly forecast, once this period has expired then Jan to Mar 2011 will be added. Regular assessment and amendment keeps the budget forecast accurate.


Related Discussions:- Show the activity based budgeting

Mensa Inc., Describe the situation facing Mensa at time of the case. This ...

Describe the situation facing Mensa at time of the case. This should include major issues facing the company and the decisions that need to be made.

Explain about residual income, Q. Explain about Residual income? Residu...

Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.

Calculate the ucl-lcl for the x-bar and range charts, You MUST show all wor...

You MUST show all work! Numbers not supported by work will receive zero credit, even if the answers are correct! Elton Zwilling is the owner of a successful Burger Corral (BC) fran

Analyzes gender difference in communication organization, 1.Tannen analyzes...

1.Tannen analyzes gender differences in communication within organizations. Does her analysis resonate in your experience? Have gender-specific differences in communication become

Find the minimum total cost, A fence enclosure consists of a rectangle of l...

A fence enclosure consists of a rectangle of length L and width 2 R , and a semicircle of radius R , as shown in Figure 1. The enclosure is to be built to have an area of 1600 m

Benefits of using balanced scorecard, Benefits of using balanced scorecard ...

Benefits of using balanced scorecard (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m

Leadership, Critically evaluate and analyse leadership you have witnessed i...

Critically evaluate and analyse leadership you have witnessed in specific situations. This means comparing concrete examples (what was said and what was done) to relevant theories

Consolidation is concerned with, Protecting and strengthening the organizat...

Protecting and strengthening the organization's position in its present markets by its current products

Show the features of international and global strategies, Question: (a)...

Question: (a) Firms are always looking to outperform each other; three generic strategies have been identified to allow them not only to attain advantages over competitors b

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