Why a manager might submit a budget estimate

Assignment Help Accounting Basics
Reference no: EM131578275

1. Explain the different reason why a manager might submit a budget estimate that is biased. How do you guard against this?

2. Give some examples of how a manager might achieve his or her budget by methods that are harmful to the organisation. How would you stop this?

Reference no: EM131578275

Questions Cloud

How will emotional connection and perception of media change : how will our emotional connection and perceptions of media change? Will this be good thing? How will convergence change business' approach to media? Explain.
What type of encryption should you use : What type of encryption should you use (Symmetric or Asymmetric), and why?
Discuss police use discretion for good or bad : Do you think the police should have the discretion to decide what speed they will enforce on any given road
What is bob annual yield rate on the note : Bob purchased a promissory note on January 1^st, 2009 which agreed to pay simple interest in amount 8.0% per year. What is Bob's annual yield rate on the note?
Why a manager might submit a budget estimate : Explain the different reason why a manager might submit a budget estimate that is biased. How do you guard against this
What was the benefit to the business selling the product : How did it tie-in to the story? What was the benefit to the business selling the product and the movie or television show by placing this product?
Futures contracts offer alternative investment possibilities : Like options, futures contracts offer alternative investment possibilities. Why do farmers and other users of commodity futures hedge their position?
Identify four m-commerce benefits for organizations : 1) Identify four m-commerce benefits for organizations. Identify four m-commerce benefits for individuals.
What are the key components of community policing : What are the key components of community policing and cite the impact it can have on assisting victims.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd