Case 1 (2 marks, 2min.) In a non-profit organization, evaluating performance is done through a static...
Case 1 (2 marks, 2min.)
In a non-profit organization, evaluating performance is done through a static budget; it is argued that such budget is appropriate in evaluating a manager's effectiveness in controlling all types of costs.
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Opinion |
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Justification |
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Homework Answers
Opinion-
I think yes Static Budget is appropriate in evaluating managers effectivness in controlling cost.
Justification-
A static budget helps to monitor expenses, sales, and revenue which helps organizations achieve optimal financial performance. By keeping each department or division within budget, companies can remain on track with their long-term financial goals. A static budget serves as a guide or map for the overall direction of the company. Static budget is a effectibe tool for evaluating manager performence when the work enviroment remain consistent. A consistent work enviroment helps the manager to use the current enviroment as a basis for future expences.
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Case 1 (2 marks, 2min.) In a non-profit organization, evaluating performance is done through a static...
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Question 10 (1 point) A static budget report a) is appropriate in evaluating a manager's effectiveness in controlling variable costs. b) may be appropriate in evaluating a manager's effectiveness in controlling costs when the behavior of the costs in response to changes in activity is fixed. U shows costs at only 2 or 3 different levels of activity, d) should be used when the actual level of activity is materially different from the master budget activity level.
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QUESTION 1 A non-profit organization decides to use an
accounting software solution designed for non-profits. The solution
is hosted on a commercial provider's site but the accounting
information suchas the general ledger is stored at the non-profit
organization's network. Access to the software application is done
through an interface that uses a coneventional web browser. The
solution is being used by many other non-profit The cloud service
model used in the case is: O
a) laas
b) Paas
c) Saas...
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