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1) .What is an advantage and a disadvantage of the rolling budget? Include any personal experience or opinions you have. 2) Discuss one of the

1) .What is an advantage and a disadvantage of the rolling budget? Include any personal experience or opinions you have.

2) Discuss one of the ways to embrace rolling budgets. Please use complete sentences.

3) How does Management by Exception keep supervisor costs in check?

4) Not all variances should be investigated. Only the negative ones should be investigated. Agree or disagree. Explain.

5) Not all negative variances should be investigated, only those that are 2 or more standard deviations from the mean. Agree or disagree. Explain

6) What additional factors does a Flexible Budget Performance Report take into account that Budget Report overlooks and why are those factors important?

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