Budgeting has a number of different purposes including: Planning; Control; Performance evaluation; Motivation. Some managers believe that zero-based budget is more beneficial than other types of the budget for firms.’ Required: Critically discuss the above statement with reference to academic literature. In your discussion, you should refer to the budgeting systems you learned in this module.

indicate yes if it describes a potential benefit of budgeting orno if it describes a potential negative outcome of budgeting. Budgets help coordinate activities across departments.

what is budgeting is accounting? Explain its significance and applications with examples ?

Budgeting is an important process as managerial decisions involving budgets may have far-reaching impacts on multiple levels within an organization. Hence, such decisions must be considered thoroughly before being implemented. For this forum, identify four reasons that capital budgeting decisions are risky. Ensure to justify your answer.

Describe how nonoutput-based cost drivers can be incorporated into budgeting.

1. The organizational process of budgeting performs several important functions. Which is true? A. Assigns decision rights B. Shares knowiedge C. Measures performance D. All of the choices are correct

Control is the process that includes the following except: A) Provides managers a means to assess results B) Provides managers the means to prepare a budget C) Provides feedback and acts as a learning tool for future decisions D) Enables monitoring by managers

How you direct and coordinate a  budgeting process ?

In what way is the budgeting process a valuable tool in planning?

Which of the following describe the control aspect of the budgeting process? Please select all that apply.         Rewarding the achievement of challenging targets.         Checking progress towards achieving targets and objectives.         Regular comparison of budgeted and actual outcomes.         Investigating the causes of variations between budgeted and actual outcomes