All of the following is related to the planning function of management except: O a. Budgeting O b. Establishing goals O c. Performance reports С. O d. None of the given answers O e. Future oriented

Q: Budgets are an effective device to communicate D objectives O constraints O expectation to personnel…

A: A financial plan prepared by the organization for a specific time period is known as the budget. In…

Q: managers duty to take appropriate action when accounting reports indicate

A: Managers are involved in planning and implementing appropriate actions to lead the organization…

Q: Which one of the following best describes the role of top management in budgeting process? Top…

A: Role of top-level management in the budgeting process - - management must make that all the levels…

Q: Following are aspects of accounting information. Classify each as pertaining more to financial…

A: Meaning of Financial Accounting Financial Accounting is the recording of the business transactions…

Q: Which is NOT included as concept or aspect of management? a. It is concerned with all kinds of…

A: Correct answer is option (d) It applies only to top level management.

Q: Which of the following is not considered a benefit of the budgeting​ process?   a. Gives managers…

A:

Q: In a management setting, does Transfer Pricing affects the previous topics - Absorption & Variable,…

A: Transfer pricing is the strategy which is adopted by the company in order to charge the amount for…

Q: Which among the following is a tool of management accounting? a. Risk analysis b. Budgeting c.…

A: Accounting for management: Management or managerial accounting establishes organizational goals by…

Q: 8- Which among the following is a tool of management accounting? a. Risk analysis b. All the…

A: Management accounting refers to the managing of the operations of the business. It is basically…

Q: .controlling c.decision

A: To explain the correct option as,

Q: Which among the following is not an element of budgeting? a. Budgeting should state the firm’s…

A: Budgets are prepared on weekly, monthly, or yearly basis to make plans for the future which needs to…

Q: Budgets are an effective device to communicate

A: Budget represents the report that contains the objective of the corporation and the way how to get…

Q: Which of the following is not a management report? A.Sales by product actual versus budget B.…

A: Financial statement means the statement including income statement , balance sheet , cash flow…

Q: Which of the following is an example of the planning function of the budgeting process? A. A budget…

A: Budgeting process: The process of streamlining the future expenditure process by predicting or…

Q: The following are advantages of budgeting, except Allocates resources of the company Define goals…

A: Lets understand the meaning and advantage of budgets. Budget is a estimation of income and…

Q: 3. For budgets to be effective: ) A. Objectives should be attainable. B. There should be management…

A: Budget: It is financial plans in relation to the accomplishment of company objectives for a definite…

Q: Which of the following is NOT an objective of the budgeting process?  Group of answer choices a -…

A: Budgeting is a process to plan about the activities for the business with developing goals so as to…

Q: [2] In the budgeting and planning process for a firm, which one of the following should be completed…

A: SOLUTION- STRATEGIC PLANNING IS A PROCESS IN WHICH ORGANIZATIONAL LEADERS DETERMINE THEIR VISION FOR…

Q: 1. The organizational process of budgeting performs several important functions. Which is true? A.…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: . Budgeting involves ________. establishing specific goals executing plans to achieve the…

A: Budgeting: The act of developing a strategy for how to spend your money is known as budgeting. A…

Q: Which of the following is not a benefit of budgeting? a. It sets some standards to evaluate…

A: Budgeting is the activity of planning of costs and expenses for an entity. It is one of the most…

Q: Non financial measures are related to elements of result control Select one: O a. Market condition O…

A: Non financial measures are helpful in providing information on a company's performance in non…

Q: III. Challenging budgets tend to motivate improved performance.

A: In the budget, the targeted performance of each employee is determined. These can be used as a…

Q: 1- When is a revenue or cost item relevant for a particular decision?

A: Hi student Since there are multiple questions, we will answer only first question. If you want…

Q: Which of the following is NOT an objective of the budgeting process? O a. To communicate…

A: Please see the next step for the solution

Q: ​_______ can be defined as compelling events to go according to plan.   A. Budgeting   B. Management…

A: Compelling events are events that forces to take some decision.

Q: 2 A manager that is establishing objectives (strategic or operational) is performing which…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: Each of the following statements includes a pair of words within parenthesis. Indicate which of the…

A: Each of the following statements includes a pair of words within parenthesis. Indicate which of the…

Q: Which of the following budgeting processes is LEAST likely to motivate managers toward…

A: Budget Process: The budget process assists the management by determining standards for the…

Q: Which one of the following is related to the decision making function of management: a. None of the…

A: The correct answer is option  b. Choosing among alternatives

Q: what is another name for tactical planing a) Budgetary planing  b)  operation planing c)…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: The management function that involves providing feedback and preparing performance reports is…

A: Management refer to Higher Authority of a organization which help to planning and Control over any…

Q: he objectives of budgeting are to: a. Establish specific goals for future operations b. Execute…

A: A budget is an estimation to determine the income that will be earned and expenses that will be…

Q: All of the following is related to the controlling function of management except: a. Performance…

A: SOLUTION- Planning involves establishing goals and communicating these goals to employees of the…

Q: A budget aids in a. communication. b. motivation c. coordination. d. all of the above.

A: Budgets are the forecasts or estimates that are made for a future period of time. These are the…

Q: Discuss any three advantages of budgeting? The subject is Managerial Accounting.

A: Budgeting:-It is a process of creating a plan for how to spend money. This spending plan is called…

Q: Which among the following techniques is/are part of controlling? a. All the options listed b.…

A: CORRECT ANSWER : a. All the options listed.

Q: Which of the following statements doesn't describe the organizational strategies: Select one: O a.…

A: Organisational strategies may be defined as long term plans formed by the organisation to channelise…

Q: Setting objectives and identifying methods to achieve those objectives is calleda. planning.b.…

A: Planning entails the maintenance and organizational approach to reaching strategic goals. Managers…

Q: Which of the following activities is not part of the management planning and control cycle? Select…

A: Picking the best alternative from a list of options is one of the management decision-making…

Q: Management accounting is future oriented. Select one: True False

A: Management accounting: It refers to that branch of accounting that deals with analyzing and…

Q: 9) Which among the following is a tool of management accounting? a. Responsibility accounting b. All…

A: Responsibility accounting is a management accounting tool that helps in the management, budgeting,…

Q: Three phases of the management process are planning, directing, and controlling. Match the following…

A:

Q: At what level of management is the long-range planning function most important? a. at top management…

A: Long range planning means financial and other plans being made in the business for substantially…