Cost control strategies in organisations, Financial Management

Assignment Help:

1. List the common elements of a submission for a major resource acquisition (purchase)

2. What is the difference between: A fixed asset and current asset?

3. If you worked in a large organisation, how would you find out the procedure for making a recommendation on resource requirement?

4. What additional costs could be associated with acquiring resource?

5. How could you ensure that when resource arrives they are allocated and distributes promptly and where needed?

6. Why should people in organisations have access to information about the cost of resource?

7. What would be the costs to an organisation if they were to be impacted by

a) Resource shortage

b) Resource surpluses?

8. Describe the record help by most organisations which can keep track of resource.

9. Explain the importance of allowing staff to contribute to requests for resource acquisition

10.  Explain the cost control strategies, skills and knowledge you should call upon to make efficient use of available budget resource.


Related Discussions:- Cost control strategies in organisations

#scope or contents of financial functions, #what are the main points in sco...

#what are the main points in scope or contents of financial functions#

Option-adjusted spread (oas), Option-Adjusted Spread (OAS) The prime ob...

Option-Adjusted Spread (OAS) The prime objective of an investor is to buy securities which have values greater than their market prices. The discussion made on the above valuat

The chinese pension fund system, The Chinese Pension Fund System Mainlan...

The Chinese Pension Fund System Mainland China has a rapidly aging population. This is attributable to two main factors - the one-child policy plus substantial improvements in l

Foreign exchange - maximum loss, Q. Foreign exchange - Maximum loss? Fr...

Q. Foreign exchange - Maximum loss? From Marton's point of view an adverse outcome is depreciation of the dollar against sterling as this lowers its income when converted into

Weighted average cost of capital, Chu Chu Train Systems is expected to pay ...

Chu Chu Train Systems is expected to pay a $3.25 annual dividend (D1 = $3.25), the dividend is expected to grow at a constant rate of 5.50% a year, and the common stock currently s

Policy conflicts in debt and monetary management, Policy Conflicts in Debt ...

Policy Conflicts in Debt and Monetary Management: Co-ordination of operations is important so as to avoid differences in the policies of cash and debt management of the governm

Types of rating - shadow rating, The issuer will not have to disclose...

The issuer will not have to disclose the rating to the public. The firm can, either independently or with the help of its investment banker, assess its shadow

Day count convention, Day count convention is a system used to determ...

Day count convention is a system used to determine the number of days between two coupon dates. It is important in calculating accrued interest and present value

Cost of Capital, The Nu-Nu Brothers Inc. (NNBI) has the following capital s...

The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income

Explain risk adjusted discount rate method, Q. Explain Risk Adjusted Discou...

Q. Explain Risk Adjusted Discount Rate Method? In the risk adjusted discount rate method the future cash flow from capital projects are discount at the hazard adjusted discount

Write Your Message!

Captcha
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