Youre a manager in fictitious company of your choice your

Assignment Help Accounting Basics
Reference no: EM13390947

You are a manager in a fictitious company of your choice. Your director has asked you to explain to the department staff the different types of budgets and techniques in order to provide an overall understanding.

For this assignment, you must develop a 2 to 3-page narrative that you will deliver to the department staff and director explaining the different kinds of budgets. Please select or make up your company and its purpose. You will also recommend which type of budget should be used and which budgeting technique would best fit the company. Using an income of 1 Million per year, you must answer the following questions:

What are the various kinds of budgets? Please explain each.

Which type of budget is best for your selected company?

Which type of calendar year will you choose and why?

Remember to use the library or other credible resources to support your argument. Be sure to cite your sources using the correct standard of APA.

Reference no: EM13390947

Questions Cloud

In what way can real estate developers take advantage of : in what way can real estate developers take advantage of the market for affordable housing for senior citizens? what
Use three philosophical theories to analyze whether it is : q1- use three philosophical theories to analyze whether it is more important for a business to be ethical or lawful.
Make a 2- to 3-page test plan which describes how you will : develop a 2- to 3-page test plan that discusses how you will use unit integration and system or user acceptance testing
Klingon widgets inc purchased new cloaking machinery three : klingon widgets inc. purchased new cloaking machinery three years ago for 4.6 million. the machinery can be sold to the
Youre a manager in fictitious company of your choice your : you are a manager in a fictitious company of your choice. your director has asked you to explain to the department
Private university a private nonprofit educational : given scenarioprivate university a private nonprofit educational institution located in california decides to issue
Explain how does e-procurement enhance the procurement : write a 200- to 300-word short-answer response to the following questionsbull how do organizations decide whom to send
Consider how or if coase theorem can be applied to given : consider how or if the coase theorem can be applied to the following scenarios. specifically think about the following
Why are activity rates important to management in your : 1. what are some differences between activity-based costing and the traditional costing systems?2. what are some of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Who would take advantage of the advertising allowance offer

Write the journal entry to show the effect of the accrual (if any) that should be made as of December 31 with respect to the advertising allowance offer.

  Case involving a taxpayer

The Federal Circuit Court has ruled that wholesale distribution and retail sales, even of the same product, constitutes distinct businesses. In a case involving a taxpayer from another circuit, the Tax Court has ruled that such costs invariably sh..

  Calculate the efficiency variance for variable setup

Calculate the efficiency variance for variable setup overhead costs.

  Straight-line method used to amortizing bond discount

Upton Company issues $3 million, 10-year, 6% bonds at 99, with interest payable on December 31. The straight-line method is used to amortize bond discount.

  Compute cost assigned to ending inventory using fifl

Compute the cost assigned to ending inventory using(1) FIFL, (2) LIFO, (3) specific identification units sold consist of 95 unitsfrom beginning inventory, 175 from a February 10 purchase.

  Tax consequences of the liquidation

In a liquidation subject to section 332, Rose distributies assets to Pheasant and Crystal in accordance with their ownership intersts. Discuss the tax consequences of the liquidation for Rose, Pheasant, and Crystal.

  Determine the intrinsic mva of division

Given growth rate of 5%, determine the intrinsic MVA of each division. What is the intrinsic MVA of each division if growth is instead 6%?

  Should every company adopt a set of ethical standards

Do you agree with Pat's decision? Why or why not? How important do you think Pat's assessment of his personal risk was in decision? Should it be a factor?

  The life span of the capital is 5 years implying the

a corporation produces output with a market price of 200 per unit. the marginal product of capital is 12k where k is

  Consider the following information for cowboys town

Consider the following information for Cowboys Town for the year ended December 31, 2015. Expenses - parking garage (enterprise fund) $ 1,200,000

  Event in the accounting system

Office supplies of $900 were purchased on account to be used infuture months. One part of the accounting entry to record this event in the accounting system would be to:

  The start of negotiations

Bass Ltd has recently undertaken a Business Combination with Bream Ltd. At the start of negotiations, Bass Ltd owned 30% of the shares of Bream Ltd

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