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difference between a fixed and flexible budgetfixed budgeta fixed budget remains the same irrespective of changed situationsit remains inflexible
determine important factors while praparing sales budgetthe possible factors to be taken into account while preparing a sales budget are discussed as
explain sales budgeta sales budget is an estimate of expected sale during a budget period a sales budget is known as a nerve center or backbone of
what is the objective of performance budgetingthe objectives of performance budgets is to provide a closer linkage between planning and action and
what are the features of performance budgetingthe main features of performance budgeting are a classification into functions activities or
what is performance budgeting the concept of performance budgeting is used mainly in the government and public sector undertakingsit projects the
state performance budgeting according to carter performanceaccording to carter performance budgets use statement of mission goals and objectives to
explain performance budgeting according to seal and summers according to seal and summers performance budgeting comprises three elements a the
define performance budgeting according us bureau of budget us bureau of budget defines performance budget as one which presents purposes and
stages in the performance budgetingthe stages in the performance budgeting is enumerated as follows1 establishment of goals objectives and policies
explain the techniques of performance budgetingit will also be useful to examine the three major aspects of this techniquestructural aspects the
significance of performance budgeting performance budgeting will help the management of companies by introduction of management objective to improve
what are the limitation of performance budgeting1 it dose not facilitate qualitative evaluation 2 the success depends on the well organized
explain programmer budgeting according to burkhead according to burkhead a program budget serves a different purpose than performance budget a
what is programmer budgetingit is a combination of programming and systems refers to the activity and system analysis refers to cost benefit analysis
what is zero bases budgeting zbb meaning and definitionzero base budgeting is a management tool for providing a sys tem for a careful consideration
determine the zero bases budgeting according to leonard mereaccording to leonard mere zbb is a technique which complements and links the existing
explain zero bases budgeting according to david humdingeraccording to david humdinger zbb is a management tool which provides a systematic method for
define zero bases budgeting according to cimaaccording to cima zbb is a method of budgeting whereby all activities are re evaluated each time a
what are the features of zero base budgeting1 manager of a decision unit has to completely justify why there should be at all any budget allotment
incremental budgetingincremental budgeting uses a budget prepared using a last period budget or actual performance as a base with incremental amount
advantages of incremental budgetinga the budget is stable and change is gradualb managers can operate their departments on a steady basisc the system
disadvantages of incremental budgetinga incremental budgeting suppose activities and method of working will continue in the same wayb no incentive
traditional budgeting vs zero base budgeting1 traditional budgeting is accounting oriented main stress happens to be on previous level of expenditure
explain ranking of decision packages - zero base budgetingranking of decision packages by ranking the decision packages a company will be able to