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
Manufacturing Concern to Organization There are three manufacturing centres as Making, Packing and Finishing.  These are supported through five support departments, namely Mai

specimen of cost sheet

Accounting Records - Nature and Purpose of Cost Accounting The quantitative information employed in the management and cost accounting systems can be obtained from with two ac

Accounts Payable or sundry creditors are generally unsecured debts owed through the firm. These are also considered to as payables on open accounts. They may not be evidenced throu

The Clash Company uses Normal Job-Order Costing in its individual production department.  Overhead is applied to jobs by a predetermined rate, which is depend on machine hours.  Th

ASSUMPTIONS OF BREAK EVEN ANALYSIS 1. Fixed costs for all time remain constant. 2. All costs are divided into fixed and variable costs. 3. Selling price will not alter de

Beginning inventory on March 1 consisted of 2,000  units each costing $11.20 . During March, the following was purchased for inventory: Date Purchase

Requirements of Uniform Costing 1. Uniform costing systems must process the given features as: 2. Cost reports and statements should be organized and laid out in a same for

Elite Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $300,000 cost with an expected four-year life a

The vice president of operations of six layer computer Inc. is evaluating the performance of two divisions organized as investments centers. Invested assets and condensed income st