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Q. Show the Budgetary planning ?
A budget is a forecast and quantified plan of action. Budgetary planning creates a budget like a part of the planning process for the organisation. Budgetary control compares the budgeted results as a yardstick or target to actual results, to obtain any variances or deviations from the plan, this process of comparison can be used to take control action and bring actual results in line with the plan.
Budgets may assist in authorising expenditure, communicating plans andobjectives, controlling operations, coordinating activities and evaluating performance, planning and rewarding performance. Often reward systems involve comparison of actual with budgeted performance.
what cues that might cause a company to suspect there is unmet demand for its products or services. How would I design a test to determine whether My suspicions are correct?
1. Execute an e-strategy in an organisation. 2. Develop processes to monitor the execution of an e-strategy in an organisation. 3. Assess how an e-strategy contributes to
Components of the cost of production Any sustained rise in input prices usually lead to an increase in productprices through the cascading effect. The major components of the c
Discuss the ways in which the strategies of the functional areas of an organisation should support the other levels of strategy. In describing how the functional strategies sup
Based on your findings in Task 1, investigate the problem described in Appendix 1 and propose a solution, in terms of material choice and manufacturing process. Prepare a report
Q. Show the Arguments against the controllability principle? - Political arguments may occur over such costs which are more subjective than objective when determining controll
Q. Market based approaches? Cost based approaches to transfer pricing can ignore what external competition would charge, therefore 'open (external) market price' could be used
Explain the internal environment by undertaking the internal auditing in the form of management, marketing, accounting, operations/production research and development an management
What is Restructuring?
Merits of economic value added (EVA): - Cash not accounting based measure therefore less distorted for performance measurement. - Consistent or goal congruence with profit
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