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3 years ago

What is budgetary control?

Business

2 answers:

sveta [45]3 years ago

8 0

Answer:<u><em> The use of budgets in controlling operations.</em></u>

Budgetary control indicates how appropriately managers use budgets to examine and regulates costs and operations over a given period i.e. , this is a mechanism for managers to set goals(financial and performance) in accordance with budgets, analyze the results, and alter performance, as required.

<em>Therefore, the correct option is "the use of budgets in controlling operations"</em>

Lyrx [107]3 years ago

5 0

Answer:

The use of budgets in controlling operations

Explanation:

Budgetary control

The efficiency with which the manger utilizes the budget to control and monitor the costs and operations in a given period of time .

uses the budget as the controlling operations .

Steps of Budgetary Control:

a. Establish a plan or a target of the performance , which coordinates all the activities of the business .

b. Record the actual performance .

c. Compare the actual performance with the planned .

d. Calculate the differences , variances and the reasons .

e. Act immediately , if necessary, to remedy the situation.

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3 years ago

Read 2 more answers

Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management?a. An

-BARSIC- [3]

Answer:

increase in the market value per share

Explanation:

Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.

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3 years ago

The Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these prod

adoni [48]

Answer:

Given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.

Explanation:

Since the Electrotech Corporation manufactures two industrial-sized electrical devices: generators and alternators, and both of these products require wiring and testing during the assembly process, and each generator requires 2 hours of wiring and 1 hour of testing and can be sold for a $ 250 profit, while each alternator requires 3 hours of wiring and 2 hours of testing and can be sold for a $ 150 profit, and there are 260 hours of wiring time and 140 hours of testing time available in the next production period and Electrotech wants to maximize profit, to determine this situation the following mathematical logical reasoning must be carried out:

260/2 = 130

140 - 130 = 10

130 generators = 32,500

Thus, given that generators generate greater profit with less consumption of hours, the maximum profit would be building 130 generators, obtaining $ 32,500 of profit, and there would be 10 hours of testing left over.

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2 years ago

If someone gets a 1000 dollar loan how much will their monthly payment be

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Answer:

the monthly payment column represents the principal and interest payment for each $1,000 you borrow. For example, if you borrow $100,000 for 30 years at 4.25%, your monthly payment per $1,000 borrowed would be $4.92. Multiply that factor (4.92) by 100 (100,000/1,000) to estimate your monthly payment of $492.00.

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2 years ago

Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with which part of a syste

marishachu [46]

Based on the systems viewpoint, a restaurant’s ability to accept cash, credit, or both, is associated with its transformational processes. Option B

This is further explained below.

<h3>What are transformational processes?</h3>

Generally, A transformation process is any activity or set of activities that take in one or more inputs, modify them and add value to them, and then provide outputs for customers.

In conclusion, The capacity of a restaurant to take cash, credit, or both forms of payment is linked to the business's transformative processes, when seen from a systems perspective.

Read more about transformational processes

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complete question

Based on the systems viewpoint, a restaurant's ability to accept cash, credit, or both, is associated with which part of a system?

A.outputs

B.transformational processes

C.financial

D.feedback

E.inputs

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2 years ago