The best measure for evaluating the effectiveness of a manger in an investment center would be   A. residual income measures   B. current ratio measures   C. success in meeting budgeted revenues   D. success in controlling costs

Q: budgeting process

A: Definition: Budgeting process: It is a process which involves planning , monitoring, controlling…

Q: "Budgeted performance is a better criterion than past performance for judging managers."   Do you…

A: For judging the current performance  we need a benchmark against which we can see and compare and…

Q: Which budget evaluates the results of operations at the actual level of activity?   A) capital…

A: In a flexible budget, the actual level of activity is compared with the budgeted.

Q: Benefits of Budgeting include all of the following EXCEPT: A) Promotes analysis of results B)…

A: Budgeting is the process of creating a strong plan to spend the funds of the organization. budgets…

Q: What is a standard cost? Group of answer choices The total number of units times the budgeted…

A: There are several type of costs that is being incurred in the business. Costs are the expenses and…

Q: Which of the following is not considered a benefit of the budgeting​ process?   a. Gives managers…

A:

Q: ‘Budgeting has a number of different purposes including: Planning; Control; Performance evaluation;…

A: A budgeting system helps an organization to plan and decide the amount to be spent in a particular…

Q: How management accounting and cost accounting can be an efficient in monetary and non-monetary…

A: “Since you have asked multiple questions, we will solve the first question for you.  If you want a…

Q: A company can expect to receive which of the following benefits when it starts its budgeting…

A: Budgeting is the process of estimation of revenue and expenditure into the foreseeable future. It is…

Q: Faced with a long-run make-or-buy decision, the manager should do all of the following except: a.…

A: Ans. While considering a make - or- buy decision a manager is expected to do a lots of study and…

Q: Which of the following is an example of the planning function of the budgeting process? A. A budget…

A: Budgeting process: The process of streamlining the future expenditure process by predicting or…

Q: Which of the following is NOT an objective of the budgeting process?  Group of answer choices a -…

A: Budgeting is a process to plan about the activities for the business with developing goals so as to…

Q: Required: Identify the problems that appear to exist in the company’s budgetary control system and…

A: Budgetary Control System:- It is a system in which the actual income and expenditure of the company…

Q: A company can expect to receive which of the following benefits when it starts its budgeting…

A: Benefits when it starts budgeting process: The benefit of budgeting process is to compare the actual…

Q: computing ROI,

A: In computing ROI, land held for future use Correct Answer Is A  considered a nonoperating asset.

Q: Which of the following is true in a bottom-up budgeting approach?   Group of answer choices…

A: Bottom-Up Budgeting Approach : It is one type of budgeting which starts from Bottom Departmental…

Q: In a company with different business units, individual managers make decisions by changing various…

A: Sensitivity Analysis: Sensitivity analysis is a financial model that shows how modifications in…

Q: What is the major shortcoming of using operating income as a performance measure for investment…

A: The company's aim will be to increase the profitability of the company. The profits can be arrived…

Q: A budget represents a target and aiming towards a target can be a powerful motivator. However,…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Discuss the factors that are likely to cause managers to submit budget estimates of sales and costs…

A: Budget: Budget is an effective tool to achieve the financial and operational goals of the business.…

Q: Budgeting has a number of different purposes including: Planning; Control; Performance evaluation;…

A: A budgeting system helps an organization to plan and decide amount to be spent in a particular…

Q: III. Challenging budgets tend to motivate improved performance.

A: In the budget, the targeted performance of each employee is determined. These can be used as a…

Q: measures will you provide to

A: To have quality recruits, a pool of candidates must be generated to allow for good selection…

Q: Which of the following statements relating to budgeting is NOT true? a) A budget is a formal…

A: The question is multiple choice question. Required  Choose the Correct Option.

Q: Instructions:  Designate the best answer for each of the following questions. 1.Which of the…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A measure frequently used to evaluate the performance of the manager of an investment center is the…

A: Investment center is a segment within an organization with funds are allocated to each segment. The…

Q: “Budgeted performance is a better criterion than past performance for judging managers.” Do you…

A:

Q: Out of the following options please tell me which are two dimensions or the main aspects of…

A: Budgeting is the process of making a plan for how person or organization will spend the money. A…

Q: Focusing on improving the activities that are showing significant differences between budgeted and…

A: Management by Exception is a management strategy which focuses only on the deviations of actuals…

Q: Demonstrate and compare how return on investment and residual income are used to assess the success…

A: It essentially refers to the average return on an investment over a certain period. It's pretty…

Q: An internal report that helps management compare actual performance and budgeted performance based…

A: Budget: A budget is an estimation to determine the income that will be earned and expenses that will…

Q: Which one of the following is NOT a budgetary benefit? It establishes the organization's goal. It…

A: Budgeting is a written plan covering projected activities of a firm for a defined period of time…

Q: What is the major shortcoming of using income from operations as a performance measure for…

A: Investment centre are who do investment of organisation to increase income.

Q: a) Briefly discuss the similarities and differences between the terms 'overhead absorption rate' and…

A: “Since you have asked multiple question, we will solve the first question for you. If you…

Q: budget performance is abetter critical than past performance for judging managers" do you agree…

A: For judging the current performance  we need a benchmark against which we can see and compare and…

Q: How do budgeted cost rates motivate the support-department manager to improve efficiency?

A:

Q: new New techniques are often described as contributing to cost reduction, but when cost reduction is…

A: a) Objective: 1 Benchmarking helps the organizations to get ahead of the competitors.Its objective…

Q: Two standards that are established for evaluating budget performance are the cost standard and the…

A: Ans. Cost standard measures deviation between the actual cost and standard cost.  Whereas,…

Q: Discuss how using the rate of return on investment (ROI), as an evaluation tool, helps facilitate…

A: Lets first understand the meaning of rate of return on investment. Rate of return on investment is a…

Q: key flaw in utilizing income from operations as a performance indicator for investment centers

A: Performance indicator means the factors used to analyze the operations of a business.

Q: Which of the following budgeting processes aims to challenge the existing way of operating, by…

A: A zero-based budgeting process is a technique in which all the previous expenses are set as zero so…

Q: Are these all true? need it asap TIA. The objective of setting a transfer price is to…

A: The objective of setting a transfer price is to motivate managers to behave in a manner that will…