0
BLEH KENNA FUREZ ROBIN CHAN...................................................................................G BLEH KENNA FUREZ ROBIN CHAN...................................................................................G BLEH KENNA FUREZ ROBIN CHAN...................................................................................G
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Three advantages of budgeting?
Using budgeting, you can plan what money you have and where it will be spent. You can moderate where money can be spent and can provide bonuses if things go particularly. Also budgeting can motivate staff as it can be used for assessing performance in a department and measuring there success.
What are the disadvantages of a line item budgeting system?
what are the advantages and disadvantages of line item budgeting
What are the advantages and disadvantages of incremental budgeting?
Some of the advantages of incremental budgeting are that this type of budgeting is easy and quick. Some disadvantages of incremental budgeting are that different methods for achieving the objective may not be considered and if the budget is not fully spent it can be reduced during the next period.
What are the important features of performance budgeting?
it focuses on potential results
Identifying the key advantages and disadvantages of a performance budgeting system a program budgeting system and a line-item budgeting system.?
system features focus on advantages disadvantages (LIBS) -centered on objectives/nature of expenditure or purchased item/service (1920~30s) -control financial affairs -responsibility for accounting -clear responsibility on accounting -easier control on financing -rigidity -unclear performance/objective of expenditure performance budgeting system (PBS) -classifying business based on functions of business activities -detail business budget=item price*work hour -Truman(1950) -business centered -management centered -clear business goal -flexibility -unclear responsibility on accounting plan programming budgeting system(PPBS) -planning+budgeting -rational allocation of resources -Johnson(1965) planning centered "planningprogrammingbudgeting" -planning+budget -rational allocation of resources -remove barriers between organizations centralization of budget composition -difficulties on conversion work -top-down budget composition
Advantages of bottom-up budgeting as applied to project management?
Bottom-up budgeting as applied to project management has advantages. It ensures the resources are getting to the people actually doing the work of the project.
What are the disadvantages of a line item budget?
what are the advantages and disadvantages of line item budgeting
What are the advantages of planning programming budgeting systems?
When it comes to planning programming and budgeting systems, there is one major advantage over alternative methods. That is the ability to integrate long range planning, execution, and budgeting for any system.
What are the disadvantages and advantages of Planning Programming Budgeting System?
What are the disadvantages of ppbs
How does book keeping affect performance of small medium enterprises?
information well kept can assist in budgeting and decision making
What are the behavioral Implications of Budgeting?
behavioural implications of budgeting are, budgetary slack and participative budgeting. budgetary slack tends to happen when the manager of division wants their performance looks good, but in the wrong way by padding the budget. therefore, they looks like "beat the budget". participative budget can cause delay andvacillation.
What is ppbs?
The letters PPBS are a shortened form of Planning, Programming, and Budgeting System. It is a balance between the performance budget and object budget.
