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What is a role of accounting information in planning and control?
Accounting information primarily reveals two things, one the financial performance and two, the financial position. Every economic entity has certain objectives and the main objective of commercial entities is to make profit and increase the wealth. for attaining these objectives, a firm need to plan and control the activities in such a way to attain the objectives. Accounting Information reveals the performance and position periodically, enabling the management to plan and control the activities. Objectives of a business are long-term, which may take a time span of 3 to 5 years to achieve. Accounting information on the activities of business reveal the speed and direction in which the firm is moving. By altering the course of action a firm can regulate the performance of a business. By considering the achievement during a period, a firm can plan its actions for the forthcoming accounting periods.
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 budgetary processes in the Philippines?
The budgetary process has four phases namely:Budget preparation: the plan is used to determine expenditure and sectoral ceilings; to formulate the function/project activities; and to determine cost estimates;Budget and review: the plan is used to verify the consistency of the budget with approved activities, goals and objectives;Budget execution: the plan is the basis for determining the activities to be undertaken during the period; andBudget accountability: the plan sets the standards against which performance can be measuredSOURCE: Department of Budget and Management (DBM)
Observation recording during an audit?
Observation recording during an audit involves systematically documenting findings related to compliance, processes, and overall performance. Auditors note specific behaviors, practices, and conditions observed, ensuring that the data is clear, objective, and relevant to the audit objectives. This documentation serves as evidence to support conclusions and recommendations, facilitating a thorough evaluation of the organization's adherence to policies and standards. Accurate observation recording is crucial for maintaining the integrity and reliability of the audit process.
What do you mean by drafting agenda?
Drafting an agenda involves creating a structured outline of topics and activities to be discussed or addressed during a meeting or event. It typically includes time allocations, speakers or facilitators, and objectives to ensure that all relevant points are covered efficiently. A well-prepared agenda helps participants stay focused, promotes effective time management, and enhances overall productivity during the gathering.
In what part of a story is the setting explained?
Expostition
Who requested an armistice during the conflict?
During the conflict, the losing side requested an armistice.
When moving from a lower objective lens to a higher objective lens why does is the image lost?
Because during movement of lens there is no slide below objective .
When does the conflict of a fictional story usually present itself?
during the course of the storyUsually towards the begginging. However its your story and to make it unique and interesting follow whatever you want to do.! Good luck :)The conflict is what obstacles are standing in the character's way -- it takes place wherever you have set your story. Perhaps you are confusing conflict with setting?
What was it like living in France during late 1800's-?
Living in France during the late 1800's can be likened to the typical life of a rural setting where agriculture is the main activity of the occupants.
What are the human activities during night?
There are some human activities during the night. The human activities are sleeping, eating, drinking, washing dishes, and some other human activities.
How do you get a dungeon in shakes and fidget?
You need to get a key during your objective
How can parents effectively engage and maintain a 6-year-old's attention span during learning activities and playtime?
To effectively engage and maintain a 6-year-old's attention span during learning activities and playtime, parents can use a variety of strategies such as incorporating interactive and hands-on activities, setting clear expectations and boundaries, providing positive reinforcement, and keeping activities short and engaging. Additionally, incorporating breaks and allowing the child to have some choice in activities can help keep them interested and focused.
What was the conflict during the radical reconstruction?
the conflict was between Jonhson and the republicans
What nations were at conflict during the Cuban Missile Crisis in 1962?
The main players were the US, the USSR and Cuba. The US had intelligence that the USSR were setting up nuclear missiles in Cuba; Kennedy didn't like the idea much.
What is the setting in the story Toliver's Secret?
The setting in Toliver's Secret is: during the revolutionary war!
What is the setting of the book the leanin dog?
the setting is in the middle of the woods during the middle of winter
