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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.
Choose an academic article and produce an academic review in which you analyse, criticise, and reflect on the paper, of no more than 1200 words. The summary should include some def
Q. Show the Limitations of ratio analysis ? A ratio on its own is meaningless, accounting ratios must always be interpreted in relation to other information. Ratios based on h
what are the ethics of strategic management?
Offering products or services which offer dissimilar advantages from competitors' and which are valued by purchasers.
Material Facts: The defendant's son held an "open invitation" party at his parent's home. Guests, to include minors, were encouraged to "bring their own bottle." The p
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Q. Explain Zero based budgeting? Zero based budgeting (ZBB) is a method of budgeting, which requires each cost element within the budget to be specifically justified as though
Discuss the key activities of the strategic management process. Explain why it is important for managers to recognise the interdependent nature of these activities.
Q. Problems of pursuing only profit objectives? - Conflict with other stakeholder goals for example customers will want a better service and not want to pay anymore, a better s
QUESTION (a) Organisations are systems that exist in the context of an external environment, an interdependent relationship, interact with it in order to survive and grow. Any
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