Question
United Security Systems, Inc (USSI), manufactures and sells security systems. The company started b installing photoelectric security systems that has been developed into three standard
United Security Systems, Inc (USSI), manufactures and sells security systems. The company started b installing photoelectric security systems that has been developed into three standard product, each of which can be adapted to meet the specific needs of customers. the manufacturing operation is moderate in size, as the bulk of the components manfufactring is completed by independte contractor The security stems are approximately 85% complete when received from contractors and require only final assembly in the USSI plant. Each product passes through at lease one of the three assembly operations.
USSI operates in a rapidly growing community. there is evidence that a great deal of new commercial construction will take place in the near future, and management has decided to purse this new market. In order to be competitive, the firm will l have to expand its operations.
In new of the expected increase in business, Sandra Feldman has decided to make a formal presentation to the company's president explaining the benefits of a budgeting system and outlining the budget schedules and reports that would be necessary.
1. Explain the benefits that USSI would gain from implementing a budgeting system
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