All categories

2 years ago

Work performance information and cost forecasts are main outputs of which process

Business

1 answer:

Dovator [93]2 years ago

3 0

Work performance information and cost forecasts are the main outputs of cost control.

<h3 /><h3>What is cost control?</h3>

It is the set of practices that assist in the control and organization of financial resources, in order to establish a budget that is a useful tool for greater understanding of income and expenses and greater coordination of the correct allocation of finances to fulfill your needs and for the achievement of objectives and goals.

In a company, cost control will help in effective positioning in the short and long term, helping to correctly understand the company's financial situation in a period, in addition to helping in the forecast of costs, expectations and planning as a whole.

Therefore, cost control is a set of tools that assists in the budget control of a company or an individual, being positive for the best organization of finances.

Find out more about budgeting here:

brainly.com/question/24940564

#SPJ1

You might be interested in

Tina is an expert gardener. she provides services like setting up new gardens, maintaining gardens, and landscaping. in the cont

vlada-n [284]

Based on the given description, Tina’s services fall into the category of possession processing services.

Possession processing service is defined as <u>providing a service to goods or other physical possessions that the customer owns</u>.

Thus, because Tina provides a service to people’s garden, her service falls into this category. Other examples for possession processing service include shoe cleaning service, plumbing, and housekeeping.

8 0

3 years ago

_________ blends Japanese and American management practices into a hybrid approach which calls for long-term employment, collect

OverLord2011 [107]

Answer:

theory a

Explanation:

7 0

3 years ago

Read 2 more answers

Harold Manufacturing produces denim clothing. This year, it produced 5,260 denim jackets at a manufacturing cost of $42 each. Th

Mice21 [21]

Answer:

Incremental net income = $42,080

Explanation:

<em>Note the the income would be that which result from the alternative action with the highest net income Note that the manufacturing cost of $12 per unit is not relevant for the purpose of this decision and hence would not form part of the analysis</em>

Option one: Outright sale

Sales from disposal = 5,260× 8 42,080

Option 2: disassembling

Revenue $12 × 5,260 = 63120

Cost of disassembling <u>( 31,800) </u>

Net income <u> 31,320 </u>

Option 3: Reworking

Sales revenue ($45.00× 3,050) 137250

Cost of reworking <u> (102,200)</u>

Net income <u> 35,050 </u>

The outright option gives the highest net income hence should be considered.

Incremental net income = $42,080

7 0

3 years ago

Darnell lives in an area where labor is plentiful and locations for start-ups are relatively cheap. He is also confident that he

yKpoI14uk [10]

Answer:

B) Entrepreneurship and knowledge

Explanation:

For Darnell, labor is readily available. The many locations where he can set up his business represents land. He is sure to get start-up funds, which is capital. Out of the four factors of production, he now needs entrepreneurship skills and knowledge.

Entrepreneurship is the art of creating a new business and managing it to profitability. It involves taking risks associated with pursuing a business opportunity. Darnell is the entrepreneur in this case. He has to coordinate all the other factors of production and make them work as a unit. He needs the knowledge to start and manage the business to make it successful.

5 0

3 years ago

The charter for KWCP minus TV, Inc. authorizes the company to issue 100,000 shares of $3, no-par preferred stock and 500,0

Scrat [10]

wow this is what u guys learn for business

3 0

4 years ago