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Which capital budgeting method uses accrual accounting rather than net cash flowsl as a basis for calculations?
apr
What are the disadvantages of Activity Based Budgeting?
Time consuming to set up - have to understand the activities that drives the budgetCostly - buying, implementing and maintaining an activity based systemManagers may be overwhelmed with information - may be demotivating, rather than looking at the bigger pictureMore effective methods such as, zero based budgeting and continuous budgeting
Is there a way to remember the difference between gross and net?
Just remember the fact that "gross" is german (and also french) for "large" therefore gross is "larger" than net. so in the case of income for example...your gross income is "larger" than your net income (i.e. gross income is before tax). in the case of a can of food, gross weight is "larger" than net weight (i.e. gross is weight of the food+tin+water...net weight is weight of just the food).
What do you do with a budgeting system?
A budgeting system is used to help one allocate weekly or monthly spending and manage money better. One can map out the separate amounts required for different things and in order to not spend more than they can afford.
What is the difference between potential gross income and effective gross income?
One is better than the other.
How is result based budgeting applicable in Zimbabwe?
With results based budgeting in Zimbabwe, funds are allocated based on defined progressive steps. Rather than have funds available not tracked to measurable results, results based budgeting provides incentive to perform.
Which capital budgeting method uses accrual accounting rather than net cash flowsl as a basis for calculations?
apr
What are the merits of budgets?
Budgeting allows management to take a longer view of the company rather than focus solely on day to day activities. The benefits for budgeting are as follows: profitability review, performance evaluations, funding planning, and assumptions review.
What are the disadvantages of Activity Based Budgeting?
Time consuming to set up - have to understand the activities that drives the budgetCostly - buying, implementing and maintaining an activity based systemManagers may be overwhelmed with information - may be demotivating, rather than looking at the bigger pictureMore effective methods such as, zero based budgeting and continuous budgeting
Is Budgeting a project is often more difficult than budgeting routine activities?
matter of opinion
Why does capital budgeting rely on analysis of cash flows rather than on net income?
Cash flow rather than net income is used in capital budgeting analysis because the primary concern is with the amount of actual dollars generated. For example, depreciation is subtracted out in arriving at net income, but this non-cash deduction should be added back in to determine cash flow or actual dollars generated.
Which country has a gross national happiness?
Gross National Happiness was designed in an attempt to define an indicator and concept that measures quality of life or social progress in more holistic and psychological terms than only the economic indicator of gross domestic product (GDP)
Do have financial modeling experience Explain?
Financial modelling is the use of financial mathematics for forecasting, capital budgeting, and scenario planning. It is an experience that is learnt well through job practice rather than in School.
What is cpt code for gross and microscopic examination left mastectomy regional lymph nodes?
Whenever 'gross' and 'microscopic examination' are used in the procedure it is reported under pathology rather than surgical. Use code 88309
What could happen to a business if budgeting process is faulty?
It depends on how it is faulty. If the fault lies in not budgeting enough, the business will find they don't have the money they expected. If the fault is in budgeting too much, then the business will have more money left than they anticipated.
What is the implication of political budgeting to national budgeting?
Political budgeting can lead to budget decisions that may prioritize short-term gains over long-term fiscal stability. This can result in populist measures that may not be sustainable in the long run, leading to deficits and debt accumulation. It can also make it challenging to allocate resources efficiently and effectively based on the needs of the country rather than political considerations.
What are some benefits of budgeting?
By budgeting, you can have a semblance between your income and projected expenditure during a specified period.This is of paramount importance than sailing a rudderless boat in the sea.
