Budgets are an effective device to communicate D objectives O constraints O expectation to personnel D all of the choices

Q: Budgets, Fixed Budgets and Flexible Budgets

A: Fixed Budgeting:The leased Institute of Management Accountants (UK) defines a hard and fast budget…

Q: Benefits of Budgeting include all of the following EXCEPT: A) Promotes analysis of results B)…

A: Budgeting is the process of creating a strong plan to spend the funds of the organization. budgets…

Q: 4. The following are characteristics of an effective budget, EXCEPT: A. Goals should be attainable.…

A: Hi student Since there are multiple question, we will answer only first question.

Q: What motivates PFG to install a budgeting and planning system?

A: Planning and Budgeting is an analytical application that helps to set top-down targets and generate…

Q: When an organization involves its many employees in the budgeting process in a meaningful way, the…

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

Q: List the three key benefits companies get from preparing a budget. The budget allows managers to be…

A: An estimate of income and expenditure for a set period of time is called budget.

Q: Explain what you understand by Budgets, Fixed budgets and Flexible budgets in the context of control…

A: Organizations produce budgets for a variety of purposes, including cost control, performance…

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: Budgets are an integral part of management control systems. Evaluate this statement with real life…

A: As you have posted multiple independent questions, we are answering the first question. Kindly…

Q: The first step of the budget process is: plan direct control feedback Static budget are often used…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

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: [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: The Zero Base Budget (ZBB) is the budget system that most influences resource allocation management…

A: SOLUTION EXPLANATION IN TRADITIONAL BUDGETING , THE TOP MANAGEMENT TAKES THE DECISIONS REGARDING ANT…

Q: Briefly tell how Program Based Budgeting (PBB) interface with the GIFMIS?

A: SOLUTION- Program-Based Budgeting is a budgeting tool where all budgetary information is organized…

Q: how can I apply MIS ( management information system ) successfully in this topic: A PERSONAL…

A: Management accounting is the act of distinguishing, estimating, investigating, deciphering, and…

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: A budget represents a target and aiming towards a target can be a powerful motivator. However,…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: One benefit of budgeting is coordination and communication. Explain what this means.

A: Budgeting: It is the process where the planning is done for spending less than the earning.

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

A: Budgets -  Budget is the statement prepared including all the revenues and expenses over a year…

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: The purpose of a flexible budget is: a) To cap discretionary expenditure b) To produce a revised…

A: Flexible budget: A flexible budget is a budget that adjusts to the activity or volume levels of a…

Q: Explain why it would be beneficial to prepare a cash forecast, or a cash budget, for an…

A: There are various reasons why cash forecast or cash budget is to be prepared. But the primary…

Q: 'Budgeting has a number of different purposes including: Planning; Control; Performance evaluation;…

A: Budgeting is a process to prepare the financial statement by the manager to estimate the…

Q: Explain the advantages of encouraging employee participation in budget setting. 2.Explain why zero…

A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…

Q: 1. How does budgeting provide important information to managers and operating personnel?

A: Budget is like preparing plan for the future process and it includes how efficiently sources or…

Q: The implementation of budgeting in a world class manufacturing environment may be affected by the…

A: Principles of each strategy and their effects in budgeting as compared to traditional budgeting: (i)…

Q: Focusing on improving the activities that are showing significant differences between budgeted and…

A: Management by Exception is a management strategy which focuses only on the deviations of actuals…

Q: Static budgets are often used:A.By production departmentsB.By administrative departmentsC.By…

A: Static budgets are those budgets or estimates in which future forecast is made about anticipated…

Q: Why is a clear understanding of management’s goals and objectives necessary for effective budgets?

A: Budgeting is a process of planning future expenses and income so that an organization ensure the…

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: 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: the advantages of

A: Participative Budgeting Participative budgeting is a budgeting process in which the people who are…

Q: Budgets define goals and objectives that can serve as_________________ for evaluating…

A: Budgets refer to a estimated expense or income for a certain period based on relevant data such as…

Q: How do budgeted cost rates motivate the support-department manager to improve efficiency?

A:

Q: Select all of the benefits of budgeting. Facilitates the coordination of activities within the…

A: Budgeting is the process of creating a plan to spend your money.   It is an estimation of revenue…

Q: QUESTION #3 Define budgeting and its importance in planning and controlling framework. Explain the…

A: Budgeting is a process of preparing budgets. Budget is the quantitative expression of future results…