For each of the following indicate yes if the item is an important budgeting guideline or no
Question:
For each of the following indicate yes if the item is an important budgeting guideline or no if it is not.
1. Employees should have the opportunity to explain differences from budgeted amounts.
2. Budgets should include budgetary slack.
3. Employees impacted by a budget should be consulted when it is prepared.
4. Goals in a budget should be set low so targets can always be reached.
5. Budgetary goals should be attainable.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 91% (12 reviews)
1 Yes...View the full answer
Answered By
Ajeet Singh
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
4+ Reviews
24+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Indicate the tax treatment for each of the following dividends received by a corporation that is a member of an affiliated group filing a consolidated tax return: a. Dividend received from a...
-
Set up a ratio for each of the following and reduce to lowest terms. (a) 12 dimes to 5 quarters (b) 15 hours to 3 days (c) 6 seconds for 50 meters (d) $72 per dozen (e) $40 per day for 12 employees...
-
Indicate the reagents needed for each of the following syntheses. More than one step may be needed. (a) (b) HO OH OH
-
rn Explain in some detail how the Precision Tree calculations in Figure 6.11 for the Acme problem are exactly the same as those for the hand-drawn decision tree in Figure 6.6. In other words, explain...
-
Cogeneration is often used where a steam supply is needed for industrial process energy. Assume a supply of 5 kg/s steam at 0.5 MPa is needed. Rather than generating this from a pump and boiler, the...
-
Why is sales tax collected considered a liability?
-
Figure 1-2 shows that organizational culture and the design of an AIS influence one another. What does this imply about the degree to which an innovative system I developed by one company can be...
-
You have prepared the following schedule for a project in which the key resources is a tractor. There are three tractors available to the project. Activities A and D require one tractor to complete...
-
La socit ABC produit 70 % de sa capacit, tel qu'elle l'avait prvu. Elle russit vendre tout ce qu'elle fabrique. Le contrleur vous remet les renseignements suivants relativement l'exercice 20X0 : Prix...
-
Computing Outstanding Checks and Deposits in Transit and Preparing a Bank Reconciliation and Journal Entries The August 2011 bank statement for Allison Company and the August 2011 ledger account for...
-
Santana Rey expects second quarter 2022 net income of Business Solutionss line of computer furniture to be the same as the first quarters net income (reported below) without any changes in strategy....
-
Refer to the information in Exercise 21-11. 1. Compute the companys degree of operating leverage. 2. If sales decrease by 5% in the next year, what will be the companys income? 3. Prepare a...
-
Name each of the following. a. \(\mathrm{Cl}-\mathrm{CH}_{2}-\mathrm{CH}_{2}-\underset{\mathrm{Cl}}{\mathrm{CH}}-\mathrm{CH}_{3}\) b. \(\mathrm{CH}_{3} \mathrm{CH}_{2} \mathrm{CH}_{2}...
-
A project has annual depreciation of $19,500, costs of $92,900, and sales of $135,500. The applicable tax rate is 34 percent. What is the operating cash flow?
-
Exploding Diapers,Inc is a daycare company in NYC.The company has expanded and now has 3centers.Center 1's Income Statement showed the following: Revenue $240,000 Direct Expenses 195,200 OH 50,000...
-
Hello, Individuals and companies need to manage and control both costs and cash flow, and the two concepts are closely related, but they are not accounted for in the same way. Explain the basic cash...
-
The ability to write strong feature stories is a frontline skill for strategic communication professionals. Regardless of the final format (news release, newsletter, social media, or elsewhere on the...
-
It is important to meet the professional standards of your field and your workplace. This is something you should consider when interviewing for a job as well as something to look for when beginning...
-
You are an accountant in the budgetary, projections, and special projects department of Cross Canada, Inc., a large manufacturing company. The president, Karim Bousalloum, asks you on very short...
-
A woman at a point A on the shore of a circular lake with radius 2 mi wants to arrive at the point C diametrically opposite on the other side of the lake in the shortest possible A time. She can walk...
-
What is an estimated liability?
-
What is the combined amount (in percent) of the employee and employer Social Security tax rate?
-
What is the combined amount (in percent) of the employee and employer Social Security tax rate?
-
5. Problem 9.16 (Nonconstant Growth) eBook Carnes Cosmetics Co.'s stock price is $51, and it recently paid a $1.25 dividend. This dividend is expected to grow by 23% for the next 3 years, then grow...
-
Consider the following two projects: Year 0 Year 1 Year 2 Year 3 Year 4 Project CF CF CF CF CF Cost of capital A -100 40 50 60 10 15% B -73 30 30 30 30 15% Which of the following statements is...
-
help me write this in a simpler way: Understanding various budgetary approaches can make you valuable to a criminal justice employer in several ways: Efficient Resource Allocation: By understanding...
Study smarter with the SolutionInn App