Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Application of zero base budgeting
In the following areas ZBB may be applied:
1) redundant schemes may be discontinued
2) identify the duplicate schemes and merge them into single and useful scheme/activity
3) schemes and services with cost effective alternative may be chosen
4) maintain the same activity but with change in objective
5) Change in periodicity. Instead of yearly vehicle tax collection, life time vehicle tax has been collected in Andhra Pradesh. This reduces the administration cost.
6) Wherever benefit hiring /sub contracting option may be implemented
7) Schemes with subsidy. The subsidy may be rationalized
8) Grant in aid expenditure in respect of education sciences and technology research and development medical and health rural development etc.
9) Computerization
10) Use of ABC analysis
11) Cancellation of posts which are redundant in course of time
12) Elimination of low priority item
Operating cycle considers to the average time lapse among the acquisition of raw material and the final cash realization. This notion is used to determine the needs of cash working
Disadvantages of zero base budgeting 1) It is not suitable for all the activities in an organization 2) It has limited application in a profit making organization. In this c
JOINT PRODUCT DECISIONS When a manufacturing Company carries out a process operation in which 2 or more joint products are made from a common process a number of decision troub
Disadvantages of incremental budgeting a) Incremental budgeting suppose activities and method of working will continue in the same way b) No incentive for developing their d
the suitability of incremental budgeting to a stable and static environment
IF net income totaled $18,000 for one year, beginning assets were $100.000 and ending assets were $140,000, then Return on Assets for the year as a percentage will be?
Maximum change in marginal Profit or Cost Just as we did in studying the permissible ranges for changes in resources, we are also interested in studying the permissible ranges
5
After going through this section, you must be capable to: Know the concept and characteristics of working capital; Identify with the difference among net working capital
THE GAMES ECONOMISTS PLAY It sounds like a sports fan's dream. In Stockholm on October 11th, three men share a $1m prize for their skill at analyzing games. They are not telev
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd