What are the main advantages and disadvantages of objective and task budget setting compared with the other
Question:
What are the main advantages and disadvantages of objective and task budget setting compared with the other methods?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
Objective and Task Budget Setting refers to a method of budgeting whereby an organization sets objectives and tasks and then budgets are formulated ba...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Essentials Of Marketing
ISBN: 9780273727644
3rd Edition
Authors: Frances Brassington, Dr. Pettitt, Stephen
Question Posted:
Students also viewed these Business questions
-
Predictive text entry systems are familiar on touch screens and mobile phones. This question asks you to consider how the same principles might be used in a programming editor for creating Java code....
-
Let A, B be sets. Define: (a) the Cartesian product (A B) (b) the set of relations R between A and B (c) the identity relation A on the set A [3 marks] Suppose S, T are relations between A and B, and...
-
answer the question clearly You are building a flight-control system for which a convincing safety case must be made. Would you assign the tasks of safety requirements engineering, test case...
-
Mount Everest is Earth's highest mountain above sea level, located in the Mahalangur Himal sub-range of the Himalayas. The ChinaNepal border runs across its summit point. Its elevation of 8,848.86 m...
-
Compute P for the following diagram. 200 150 100 50 0- i= 10%
-
Testing the Health of Goldman Sachs\'s Culture Studying this case will help you better understand how concepts relating to organization culture canbe applied in a company such as Goldman Sachs. When...
-
Chris Nelson, the new assistant controller for Grand Company, is preparing for the firm's year-end closing procedures. On December 30, 2019, a memorandum from the controller directed Nelson to make a...
-
Using the corporate tax rate schedule given in Table 2.1, perform the following: a. Find the marginal tax rate for the following levels of corporate earnings before taxes: $15,000; $60,000; $90,000;...
-
Modern Energy Company owns several gas stations. Management is looking to open a new station in the western suburbs of Baltimore. One possibility they are evaluating is to take over a station located...
-
How and why might the balance of the promotional mix differ between: (a) the sale of a car to a private individual; and (b) the sale of a fleet of cars to an organisation for its sales...
-
What are the main categories of marketing communication objectives?
-
When 2,2-dibromo-1-phenylpropane is heated overnight in fused KOH at 200 C, the major product is a foul-smelling compound of formula C9H8. Propose a structure for this product, and give a mechanism...
-
2. a) What amount will an account have after 6 years 7 months if Tk.870300 is invested at an annual rate of 7.50% compounded monthly. 2 b) What is the present value of receiving a single amount of...
-
Task build.gradle AndroidManifest.xml layout/activity_main.xml layout/activity_game_options.xml layout/fragment_game_options.xml layout/activity_board.xml layout/fragment_board.xml...
-
What are the key factors influencing employee engagement and retention in the contemporary workplace, and how can organizations design effective talent management strategies to address these factors ?
-
Use the income statements and balance sheet statements to perform the following ratio analysis: (a) Liquidity_current ratio, quick ratio, cash ratio (b) Asset Utilization _ A/R Turnover, Inventory...
-
How are multi part price structures used in different industries What should be included in the base product and what should be offered as an add on product? How does heterogeneity on demand lead to...
-
During the first week of 2014, the Payroll Department of Omni Corporation is preparing the Forms W-2 for distribution to its employees along with their payroll checks on January 3. In this problem,...
-
What is taxable income, and what is the formula for determining taxable income?
-
Under what conditions might someone conducting a mail survey use an overnight courier to send questionnaires to sampling units?
-
What is self-selection bias? Describe it as a source of total survey error.
-
What type of survey approach is most likely to yield the highest response rate? What approach (es) will yield the lowest response rate? What can be done to improve response rates in e-mail and...
-
Find remained earning through preparing an income statement. Cash $ 225,000 Long-term debt 334,000 Sales 573,000 Accounts payable 155,000 Operating expenses 145,000 Buildings and equipment 895,000...
-
Kindly assist me in tackling below question. Question MT480-6: Incorporate the combined attributes of debt and equity given a cost of capital model. Read the scenario and address the checklist items....
-
b, construct a confidence interval suitable for testing the claim that the two samples are from populations with the same mean
Study smarter with the SolutionInn App