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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.
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.
What is blue ocean strategy
Q. Explain about Residual income? Residual income is profit earned by a division less a "notional interest charge" for investment of finance within it.
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
1.Tannen analyzes gender differences in communication within organizations. Does her analysis resonate in your experience? Have gender-specific differences in communication become
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 (BSC) - BSC encourages a long-term view of improving performance through time. - BSC considers both non-financial as well as financial m
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
Protecting and strengthening the organization's position in its present markets by its current products
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
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