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A budget that reflects the input of resources and the output of services for each unit of an organization. This type of budget is commonly used by the government to show the link between the funds provided to the public and the outcome of these services.
from-varun malhotra
D.A.V college jalandhar
roll-12960
What else can I help you with?
How is the flexible budget information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
How is the flexible budget report information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
How a budget can be controlled?
Regular monitoring against the agreed budget, compliant to the spending and income streams and reviews of under performance
What is the budget review process?
it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.
A method to monitor variance between actual performance and budget is described?
Monitoring income statements is a way that people can monitor variance between actual performance and budget. Managers can be assigned to look over income statements for clients.
What is budget variance?
A budget "variance" is the difference between planned and actual performance.
What is a budget variance?
A budget "variance" is the difference between planned and actual performance.
How is the flexible budget information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
How is the flexible budget report information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
Why budget performance is a better criterion than past performance for judging managers?
Budget performance is a better criterion for judging managers because it reflects their ability to effectively plan and allocate resources in alignment with organizational goals. Unlike past performance, which may be influenced by external factors beyond a manager's control, budget performance directly assesses a manager's decision-making and operational efficiency. Additionally, focusing on budget performance encourages accountability and proactive management, driving continuous improvement and strategic alignment within the organization.
What is the best rowing machine on a budget that provides high-quality performance and durability?
The Concept2 Model D is considered the best budget rowing machine for its high-quality performance and durability.
What is the budget process?
it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.
Is Static planning budget and flexible budget or Flexible budget and actual results comparisons that best isolates the impact that changes in prices of inputs and outputs have on performance?
flexible budget and actual results
How a budget can be controlled?
Regular monitoring against the agreed budget, compliant to the spending and income streams and reviews of under performance
What is the budget review process?
it is an evaluation process. it compares the actual performance of the business against the projected performance of the business.
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.
Which of the following comparisons best isolates the impact that changes in prices of inputs and outputs have on performance?
static planning budget and flexible budget
