Limitations of budgeting, Cost Accounting

Limitations of Budgeting

1. Too mush reliance may reason resistance or inflexibility to change.

2. Difficult to set levels of attainment. It may result into too tight budgets that reasons loss of morale.

3. Antagonism whereas budgets exert undue pressure.

4. Budgeting control is a terminate exercise and hence any type of report from investigation of variances may be of little employ to the current operations.

Posted Date: 2/7/2013 3:09:37 AM | Location : United States







Related Discussions:- Limitations of budgeting, Assignment Help, Ask Question on Limitations of budgeting, Get Answer, Expert's Help, Limitations of budgeting Discussions

Write discussion on Limitations of budgeting
Your posts are moderated
Related Questions
INSURANCE Trustees may insure trust property against loss or damage by fire subject to the following conditions:   1. The insurance must not exceed the full value of the proper

Question: Yamba Home Products is just beginning its fourth quarter, in which peak sales occur. The company has requested a $12,000, 90-day loan from its bank to help meet cash re

Three of the cost items that are included in the production overhead for a factory for a period are: Machine maintenance labour $33,600 Power

HOW DOES IDLE CAPACITY EFFECT COST BEHAVIOR PATTERNS AND FACTORY OVERHEAD METHODS?

The following information is available for the automotive division of Ford Motor Company for 2009.  The company uses the LIFO inventory method.

Material Costs - Cost Accumulation However 'Materials' refer to the tangible inputs into the procedure of producing useful output.  They might be indirect materials or direct

From  the  following  data  write the  standard  cost  card  for  one  unit  of  the  sole  product manufactured.                                    Standard Cost card for One U

Classic Coolers manufactures portable coolers adorned with college logos. During the first quarter of the year, the company had the following costs: Direct materials used $55,500 D

The Bloomington Electric Company operates in a stable industry and therefore has predictable dividend growth of 8% per year. The most recent annual dividend was paid yesterday in t

a company has the budget for manufacturing overhead based on direct labor hours. budgeting at 10,000 direct labor hours are as follows. Variable costs= 160000 Fixed Costs