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Explain Programmer budgeting According to burkhead
According to burkhead a program budget serves a different purpose than performance budget. A performance budget is useful for review and decision marking at and above the department level. It is adopted to the requirement of overall budgetary planning."
Thus program budgeting implies the following:
Analysis of information for identifying and selecting long term objectives
Determine the program to attain the objectives
Cost benefit analysis
Selecting long term investment projects
Specifying the programs and activities
Finally allocating the resources
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Cost concept . techniques of costing . absorption costing
Ask question #Miwhy is the activity based costing unaccepable for external financial reportnimum 100 words accepted#
accepted#Regarding the Overhead costs, these are allocated based on Direct Labor;
what is the role of accounting standard board?
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