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Define performance budgeting according U.S. bureau of budget
U.S. bureau of budget defines performance budget as one which presents purposes and objectives for which funds are required the cost programmer proposed for achieving those objectives and data measuring the accomplishment and work performance under each programmers.
In short performance budgeting may be defined as a technique for presenting operating in item of function programmer activity and projects. Hence, it may be described as a budgetary system where the input cost are related to the performance i.e the and results.
stanley shoe company established a line credit with a local bank. the maximum amount that can be borrowed under the terms of the agreement is $100000 at an annual rate of 12%. a co
Two types of costs concerned in factoring are as: 1) The service fee or factoring commission 2) The interest on advances granted through the factor to the firm. Factoring
Customer oriented or perceived value pricing There is an increasing trend to price the product on the basis of the customer's perception of its value. This method takes into ac
prepare all budgets
Funded debt to total capitalization ratio The ratio establishes a link among the long term funds raised from outsider and total long term funds available in the business. The
opening stock unit were 8500 and closing stock units were 6750.frofit of 61200 using managerial costing.fixed overhead absorbed rate was 3 pr unit.what is the profit using absorpti
International Transfer pricing International transfer pricing refers to the determination of prices to be charged between related persons and in particular within a multination
Advantages and Disadvantages
Write a response to your boss, the controller. The response should be 2-5 pages in length (double-space). Your response to the controller should include, but not be limited to, t
Ageing Schedule: AS is classifies outstanding accounts receivable at a specified point of time into various age brackets. A clarifying ageing schedule is specified below.
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