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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.
Prepare a paper analyzing the role of Macro Environmental Analysis and Perceived Task Environment at your workplace, or an organization of your choice. In the paper, discuss one tr
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Q. Describe the Maximum transfer price? Normally the maximum transfer price a buyer would pay would be the market price it could obtain the raw material, component, service, pr
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Instant competition blinds a company to latent competitors who can demolish the old ways of doing business.
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#quIf a SWOT analysis reveals that an objective is unattainable, apart from changing the objective, what other changes might make the goal attainable? • Discuss the limitations of
what have you learnt about business strategy?
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