FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

14 Mi Which of the following is a use of budgets for the purpose of control? All of these are correct Communication is improved Budgets

image text in transcribed
14 Mi Which of the following is a use of budgets for the purpose of control? All of these are correct Communication is improved Budgets set a standard against which actual results can be compared. Plans can be made for the future Of conditions change between the formation of the budget and the current time, static budgets can be quickly adapted

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Management 2020 Edition

Payroll Management 2020 Edition

Authors: Steven M. Bragg

1642210366, 978-1642210361

More Books

Students also viewed these Accounting questions

Question

★★★★★
What were the pillars of Mercantilist thought? Why was regulation of the economy so important?

Answered: 1 week ago

Question

★★★★★
=+27.6. What does the same origin policy have to do with trustworthy systems?

Answered: 1 week ago

Question

★★★★★
1. Assume Jennie Lin is a CPA. Evaluate her actions with respect to the rules of conduct of the AICPA. 2. Jennie believes that her actions were proper because taking the money from the church and...

Answered: 1 week ago

Question

★★★★★
14 Mi Which of the following is a use of budgets for the purpose of control? All of these are correct Communication is improved Budgets set a standard against which actual results can be compared....

Answered: 1 week ago

Question

★★★★★
Accounting major Earl Washington has an on-campus business assembling and delivering "care packages" to freshmen students. Earl accepts cash and two major credit cards: Big Bank and Plastic...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements about the ACID properties of transactions in databases is correct? A) Atomicity ensures that a transaction is either fully completed or not executed at...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements regarding database normalization is correct? A) First Normal Form (1NF) requires that all attributes in a table contain atomic values and that each record...

Answered: 1 week ago

Question

★★★★★
Question: Which of the following statements regarding network security protocols is correct? A) The Secure Socket Layer (SSL) is a protocol that provides secure communication over a computer network...

Answered: 1 week ago

Question

★★★★★
Future value: Your bank pays 5% annual interest compounded semiannually on your savings account. You don't expect to add current balance of $2,700 over the next four years. How much money can you...

Answered: 1 week ago

Question

★★★★★
On January 2, year 1, Parker Co. issued 6% bonds with a face value of $400,000 when the market interest rate was 8%. The bonds are due in ten years, and interest is payable every June 30 and December...

Answered: 1 week ago

Question

★★★★★
5. Describe three different approaches to performance appraisal and comment critically on the benefits to be gained from these systems.

Answered: 1 week ago

Question

★★★★★
4. Performance management is described by Armstrong and Baron (2004) as a process which contributes to the effective management of individuals and teams in order to achieve high levels of...

Answered: 1 week ago

Question

★★★★★
2. What approach would you use as a way of ensuring good performance which is consistent with the ethos of the organisation among these volunteers?

Answered: 1 week ago

Previous Question Next Question