More accurate estimates and higher motivation are generally the results of using a(n) participative budget.
What is meant by participative budgeting?
In a budgeting procedure called participatory budgeting, those in lower levels of management take part in the creation of the budget.
What are the benefits of participative budgeting?
Participatory budgeting undoubtedly provides a number of benefits, including goal congruence, fiscal responsibility, information sharing from inferior to superior, and greater subordinate work satisfaction.
Is participatory budgeting effective?
The highest-ranking engagement strategy on the participation rung is participatory budgeting because of this. Although it necessitates thorough planning and preparation, it also strengthens the legitimacy of your decision-making and the level of confidence that the community's residents have in their elected officials.
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Answer: b) peoples' responses to financial incentives.
Explanation:
Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.
Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.
This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.
Answer:
- <u>std rate $30.64</u>
- <u>efficiency variance $6,128.00</u>
Explanation:
We will work the rate variance to obtain the standard rate:
actual rate $29.20
actual hours 11,700
difference $1.44
rate variance $16,800.00
<u>std rate $30.64</u>
<u></u>
<u>Now we can solve for the labor efficiency variance:</u>
std hours 11700
actual hours 11500
std rate $30.64
difference 200
<u>efficiency variance $6,128.00</u>
The diference is positive, sothe variance is favorable.
Answer:
Sun Smarts Solar installs solar panels in large newly constructed buildings. The company employs several expert installers who work on a full-time basis. Although the installation team works every day, the company pays them at the end of the month, for the previous month's work. Employee salaries are recorded as long-term liabilities on Sun Smarts's balance sheet.
