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Explain how a fixed cash budget differs from a variable or flexible cash budget?
fixed budget is prepared at the start of the period and flexible budget is prepared at the end of period it is adjusted from current activity level of company...
Explain difference between fixed and flexible budget?
Fixed Budget Flexible Budget Fixed budget is inflexible and does not change with the actual volume of output achieved. Flexible budget can be suitably recasted quickly according to level of activity attained. Fixed budget assumes that conditions would remain static. Flexible budget is design to change according to changed conditions. Costs are not classified according to their variability i.e. fixed, variable and semi variable. Coasts are classified according to the nature of their variability. Comparison of actual and budgeted performance cannot be done correctly if the volume of output differs. Comparisons are realistic as the changed plan figures are placed against actual ones. It is difficult o forecast accurately the resultsin it. Flexible budget clearly shows the impact of various expenses on the operational aspects of the business. Only one budget at a fixed level of activity is prepared due to an unrealistic expectation on the part of the management Series of budgets are prepared at different level of activities. Fixed budget has a limited application and is inefficient as a tool for cost control. Flexible budget has more application and can be used as a tool for cost control. If the budgeted and actual activity levels vary, the correct ascertainment os coasts and fixation of prices becomes difficult. Flexible budget helps in fixation of prices and submission of tenders due to correct ascertainment of coasts.
How an activity-based capital budget differs from a conventional capital budget and describe the impact of activity based costing on capital-budgeting decisions?
Activity based budgeting is a technique that focuses on costs of activities or cost drivers necessary for production and sales. Such an approach facilitates continuous improvement.Conventional capital budgetingConventional: Based on or in accordance with general agreementCapital budgeting is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth pursuing. It is budget for major capital, or investment, expenditures.
Define book keeping and explain how it differs from accounting?
which is different from accounting,refers to the mechanical aspects off accounting, such as recording,classifying,and summarising transactions.bookkeeping is therefore a part off accounting....
Taxable income of a corporation differs from pretax financial income because of?
d
Explain how a fixed cash budget differs from a variable or flexible cash budget?
fixed budget is prepared at the start of the period and flexible budget is prepared at the end of period it is adjusted from current activity level of company...
Market activity differs from government activity because?
Markets provide a direct link between benefits and costs.
Explain what a food web is and how it differs from a food chain?
a food web is when you have different varieties and it differs because a food chain is only a line
What describes how the MyPyramid plan is structured?
It differs acorrding to a person's age, sex and activity level
Which describes how MyPyramid plan is structured?
it differs according to a persons age,sex, and activity level
Which describes how the mypyramid plan is structure?
it differs according to a persons age,sex, and activity level
How is synthesis reaction and decomposition reaction related?
its decomposing ? its kind of hard to explain its like coke and pepsi its the same but it differs its decomposing ? its kind of hard to explain its like coke and pepsi its the same but it differs they are both chemical reactions
How the body design of the hybrid cars differs from that of conventional cars?
hybrids use battery power and gas. normal cars use only gas
How the body designs of the hybrid cars differs from that of conventional cars?
hybrids use battery power and gas. normal cars use only gas
Explain How the process of measuring a liquid's volume differs from the process of measuring a solid volume?
the size of its head
What is the major fuel used during low-intensity activity and how does it differ from high-intensity activity?
During low-intensity activity, the major fuel used is fat. This differs from high-intensity activity, where the major fuel used is carbohydrates.
Explain how a special identity differs from a local group?
a group is an identifying token that Windows uses to represent a collection of users. While on the other hand, a special identity is essentially a placeholder for a collection of users with a similar characteristic.
