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planning tool: shows how much money the manager has access to

Monitoring tool: might address a variety of issues in the company operations

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Q: How budgets are used as a planning and monitoring tool?
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What is Bugdet?

A budget is an amount of money allocated to a specific task, department or item. In example, the marketing budget for the first quarter of the financial year is $500,000. The actual marketing cost for the first quarter of the financial year was $450,000; therefore when comparing the budget to the actual cost, you find that the marketing department operated at $50,000 favourable for the first quarter. Budgets allocate money, but in comparison to the actual costs incurred, they can also be used as a monitoring and measuring tool for effectiveness and efficiency of the department.


What is strategic business planning used for?

Strategic business planning is used by businesses to calculate the future consequences that may occur if X plan is taken ahead. This may include doing a SWOT analysis to see if the benefits outweigh the costs of any decision. Such a tool is vital for a business in helping it decide whether a decision is worthy.


What may be used as aids to planning?

Calendars, calculators, conversations and computers.


What is an APR calculator used for?

APR calculators can help you predict at which rate the interest of loans and mortgages will incur extra fees, not including initial fees such as bond and processing fees. This can help with planning future budgets according to the global interest rates, whether the fees are fixed, or may vary following external influences.


What are the major activities of the Finance Administration Section?

The Incident Command System (ICS) is a tool used to improve emergency response. The major activities of the Finance and Administration section are contract negotiation and monitoring, timekeeping, cost analysis, compensation for damage to property or injury, and documentation for reimbursement.

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Capnography is the monitoring of carbon dioxide in the respiratory gases. It has been used in the operating room as a monitoring tool during anesthesia and and in intensive care.


What is tracers?

Tracer study is a simple tool designed to measure the relevance of vocational training. It is seen as a management tool for planning and monitoring of training programmes- ie:- which course to add, change or phase out. They provide information for programmatic changes and review of training curricula. They also help to monitor the delivery of training. This can be used as a marketing tool as well.


What is tracers study?

Tracer study is a simple tool designed to measure the relevance of vocational training. It is seen as a management tool for planning and monitoring of training programmes- ie:- which course to add, change or phase out. They provide information for programmatic changes and review of training curricula. They also help to monitor the delivery of training. This can be used as a marketing tool as well.


What tools are used in monitoring a tornado?

The primary tool in monitoring tornadoes is Doppler weather radar. Communication tools such as radios and cell phones are used by people to call in reports of tornadoes and funnel clouds.


How do you get a home monitoring bracelet off?

By buying the same tool/equipment used to put it on, but that would likely be illegal.


Production budget are used to prepare which budget?

production budgets are used to prepare which of the following budgets


What is crop planning?

Crop planning is a tool that is often used by farmers. It helps come up with a plan in the event of pest, disease, and harsh weather.


What command-line tool used for monitoring Active Directory provides functionality that includes performing connectivity and replication tests?

dcdiag


What are all of the things device manager tool can be used for?

Managing running applications and service, monitoring CPU, disk, memory and network activities.


Where are budgets used?

Bugdets an be used anywhere


What are the tools used for software development while developing embedded systems?

To speed up software development of embedded systems, you can use Data Dictionary Check Tool, Data Monitoring Tool, Calibration Data Tool, Performance Timing Tool, Specification Search Tool, Data Flow Analyzer Tool etc.