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Rolling budgets have many benefits. They are more flexible than static budgetsÊand allow for changes to be made in the system easier.

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What is a principal budget factor?

The principal budget factor is the constraining factor which ultimately determines the level of activity planned. It is the area which cannot be increased to match the capacity of other areas. E.g a company may be able to sell 200,000 bottles of mineral water, but skilled labour available is only sufficient to produce 60,000. Labour therefore is the principal budget factor.


What is a principle budget factor?

It means that you don't have enough of something in order to do all you would like, it isa scarce resource which is in short supply .This could be because of shortage of material, staff hours , machine capacity even moneyBy :Accians@yahoo.com


Using a Small Business Loan for Business Equipment?

Depending on the business type, business equipment can be a major part of the budget for a start up business. When drafting a business plan and figuring out what your small business loan amount should be, prepare a detailed budget, including the cost of the business equipment that will be needed to start the business. You should also include any equipment that will be needed in the first year to function adequately. If the equipment will require regular maintenance, include maintenance costs in your budget as well. If there is the potential for the equipment to need replacement, factor in the risk associated with that as well. Your loan amount should cover all of these things, since you don't want to have to go back for more money unless something catastrophic happens. Including business equipment in your business plan and budget can assist with getting your business started on the right foot.


How can I determine the money factor on a lease agreement?

To determine the money factor on a lease agreement, you can ask the leasing company for the interest rate they are using and then convert it to a money factor by dividing it by 2400. The money factor represents the cost of financing the lease.


What is a location factor?

A location factor are the factors in which the people who are placing the factory must take into consideration.

Related Questions

What was the Production Budget for Chill Factor?

The Production Budget for Chill Factor was $34,000,000.


What is the technique of improve the power factor?

Simple technique by adding PP capacitor with automatic power factor controller.


What is salary increment factor?

A budget version of the X factor


What is the probability of rolling divisors of 12 on both dice?

Of all the six numbers on a cube, only the '5' is not a factor of 12.Probability of rolling a factor of 12 on the first cube = 5/6 .Probability of rolling a factor of 12 on the second cube = 5/6 .Probability of rolling a factor of 12 on both cubes = (5/6 x 5/6 ) = 25/36 = 694/9 %.


What is the theoretical probability of rolling a factor of 6 on a die rolls 100 times?

The theoretical probability of rolling something other than a factor of 6 in one roll is 2/6 or 1/3. So, the probability of rolling something other than a factor of 6 in 100 rolls is (1/3)^100 = 1.94*10-48 And therefore.the probability of rolling a factor of 6 is 1 - Prob(not a factor) = 1 - 1.94*10-48 which is incredibly close to 1.


What is the probability of rolling a factor of 8 on a die?

50% 1 out of 2


What is the probability of rolling a factor on a six sided dice?

1/6


Is Management by Objectives is the motivating factor or controlling technique?

MBO is the motivating factor or controling technique.evaluate the statement


What is a principal budget factor?

The principal budget factor is the constraining factor which ultimately determines the level of activity planned. It is the area which cannot be increased to match the capacity of other areas. E.g a company may be able to sell 200,000 bottles of mineral water, but skilled labour available is only sufficient to produce 60,000. Labour therefore is the principal budget factor.


What are the odds of a factor of a 6 when rolling a die?

2/3 or 2:3


Is Management by Objectives MBO is the motivating factor or controlling technique?

Management by objectives is both a motivating factor and a controlling technique. Employees are motivated to continue to perform while the direction they are headed is controlled by their manager.


What is a factor that all designers take into consideration during the production of?

budget