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What is Programmer budgeting
It is a combination of programming and systems refers to the activity and system analysis refers to cost benefit analysis or operations research. It is classified by outputs which are objective oriented rather than by inputs. Then financial resources are linked to such program outputs as decided on the basis of cost benefit analysis. PPBS consist of the following five elements:
Budgeting structure oriented towards the objectives
Long term physical plans
Long term financial plans
Systematic evaluation of programs on the basis of cost benefit analysis
Special analytical studies
Explain the categories of The activity cost drivers The activity cost drivers can broadly be classified into following three categories: 1) Transaction drivers: for exampl
Cost concept . techniques of costing . absorption costing
Bank guarantee is one of the facilities which the commercial banks extend in support of their clients in favour of third parties who will be the beneficiaries of the guarantees. In
Problem From the following data, calculate overhead variances of following: (a) Variable overhead expenditure variance (b) Fixed overhead expenditure variance (c) Total ov
What value can management derive from a Balance Scorecard? How does the management accountant contribute?
Operating Cycle Method In this way, total operating expenses for a period are divided via the number of operating cycles in the relevant period to compute the cash need for wor
Explain Management accounting Meaning & definition: Management accounting is comprises of two words, Management and accounting. It is the study of managerial aspect of the ac
need help with a master budget and assumptions for project
Decision Making Process Decision making is the process of choosing among alternatives. There are 7 steps that should be followed as shown in figure below: Figure:
limitation
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