Topic 7 DQ 2

Chapter 15 Explain the four common uses of comparisons that the manager will find helpful. Chapter 16 Explain the importance of assumptions when building a budget? Chapter 17 Explain the rationale for replacing existing equipment with new equipment.

Budgeting and the importance of an organization's financial health are critical elements to consider as part of your role as a public health manager. Question briefly define financial management skills 1. strategic problem solving 2. budgeting  and connecting to the broader concepts of management effectiveness or efficiency

Dr. Jones recently asked Lucy to develop a fee schedule for the office. Some physician practices bill at rates from 100% to 500% of Medicare. However, both percentages have disadvantages. Lucy must determine the best approach for the practice to ensure profitability. Select an appropriate percent, between 100% to 500%, that Lucy should use when setting the in-office fees. Explain why Lucy should choose this percentage. Explain how the conversion factor for the fee schedule is determined. Discuss two disadvantages of setting the office fee schedule at 100% or 500% of Medicare.

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Use the following information to prepare the Juy cash budget for Acco Co. It should show expected cash receipts and cash payments for the month and the cash balance expected on July 31. Question 1 What is net income after taxes? Question 2 What is the amount of total assets? Question 3 What is the amount of retained earnings?

Effective financial management is dependent upon a trustworthy budgeting system.Discuss budget in nursing under the following headings: (Provide practical examples)1.1 Operational budget 1.2 Budgeting process on estimation of future supply needs 1.3 Budgeting process on estimation of staffing needs

1. explain the difference between strategic plans and budget plans? 2. how can budget facilitate communication and coordination? 3. Explain why many companies believe cash flow budgeting is important?

a) Explain the principles behind lifecycle costing and briefly state why Fisher in particular should consider these lifecycle principles.   b) Produce the budgeted results for the game 'Stealth' and briefly assess the game's expected performance, taking into account the whole lifecycle of the game. c) Explain why incremental budgeting is a common method of budgeting and outline the main problems with such an approach. d) Discuss the extent to which a meaningful standard cost can be set for games produced by Fisher. You should consider each of the cost classifications mentioned above.

Describe at least three benefits that an organization can expect to realize from budgeting. (CMAAdapted)

Step 1: Definition of Behavioral Aspects of Budgeting The behavioral aspects of budgeting in accounting refer to the psychological and social factors that influence how individuals and groups behave in the budgeting process. It recognizes that budgeting is not only a financial exercise but also involves human behavior, motivation, and decision-making. Step 2: Participation and Involvement One important aspect of behavioral budgeting is the level of participation and involvement of individuals and teams in the budgeting process. When employees are actively involved in setting goals and creating budgets, they develop a sense of ownership and commitment. This can lead to increased motivation, accountability, and a better understanding of the budget's purpose. Step 3: Motivation and Goal Congruence Behavioral aspects also focus on how budgeting can be used as a tool to motivate employees and align their goals with the organizational objectives. When employees perceive that their individual…

3. Explain horizontal and vertical analysis and when you would use one over the other.4. Discuss a money management challenge in a business setting and how you would overcome it.

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H1. Account Newspaper headlines frequently highlight instances where business professionals are accused of engaging in unethical behavior. Are ethics important to the conduct of management accountants? Why or why not?

Sale of investments Cash collections from customers Cash purchase of used equipment Depreciation expense $ 5,200 15,700 4,900 2,000 Compute cash flows from investing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign. Investing Activities EA $ 0

A company had the following accounts and balances as of December 31:  Account Debit Credit Cash $ 20,000  Accounts Receivable 2,000  Supplies 1,500  Prepaid Insurance 1,400  Accounts Payable $ 4,000 Total equity 14,900 Lodging Revenue 7,000 Salaries Expense 500  Utilities Expense 500  Totals $ 25,900 $ 25,900 Using the information in the table, calculate the total assets reported on the balance sheet for the period. Multiple Choice $23,400. $25,400. $25,900. $22,500. $24,900.

I need a detailed outline of a report about a future issues in the real estate/ property management industry. Report must be about future issues in the real estate/ property management industry. Consult an in-depth article from a business publication on a topic or issue about this industry. Such topics are often discussed in year-end or year-beginning issues of publications or business programs. Examples of topics might be things like increase in cost of living, rising inflation and labor shortages (at least two out of the three topics should be discussed).The outline must describe the issue and its potential impacts on a real estate company. This assignment must be one to two pages long, and it should be a detailed outline, with clear topic sentences, sources of information, and key points highlighted. Outlines have specific formatting and layout requirements. The point is to have a clear direction and to demonstrate an understanding of the topic researched/ discussed.

Describe alternative approaches to budgeting (viz., zero-base, activity-based,time-driven activity-based, and kaizen budgeting).

1. Organisations need resources to grow and develop, You may know how the project you work on or support is funded but not be sure how the money is raised for everything the organization does. Briefly explain the Community Service 10's (Ten) Funding Model? 2. Why Should You participate in Community Service (volunteering)?

Assume a company's Income Statement for Year 12 is as follows: Year 12 (in 000s) Income Statement Data Net Revenues from Footwear Sales $ 580,000 370,000 40,000 75,000 15,000 90,000 Cost of Pairs Sold Warehouse Expenses Marketing Expenses Administrative Expenses Operating Profit (Loss) Interest Income (Expense) Pre-tax Profit (Loss) Income Taxes Net Profit (Loss) (15,000) 75,000 22,500 $ 52,500 Based on the above income statement data and assuming the company has 20 million shares of common stock outstanding , the company's operating profit margin and EPS were Copyright O by Glo-Bus Software, Inc. Capying, distributing, ar 3rd party website posting isexpressly prohibited and constitutes copyright vialation. 15.52% and $4.50. O 9.05% and $3.75. 13.79% and $1.75. O 12.93% and $3.75. O 15.52% and $2.63.

e) Types of Budgeting

Income taxes have the effect of Select one : a decreasing the cost of capital for the firm. B. None of these c. decreasing the cost of debt. D. increasing the cost of debt

1. How is the budget implemented? 2. Who are the persons/ agency involved on the budget implementation?

Answer briefly for each questions. Thank you. 1. Differentiate General Annuity and General Ordinary Annuity? 2. What is a General Ordinary Annuity? 3. Express the process in finding the Present and future value of General ordinary annuity. 4. What is the formula in finding the Fair Market Value? 5. Express the process in finding the Fair Market Value.

7 In June 2005, IESBA issued a revised Code of Ethics for Professional Accountants. What does the term IESBA stands for? a. Internal Ethics Standards Board for Auditor b. Institutional Ethics Standards Board for Auditor c. Integrity and Ethics Standards Board for Accountants d. International Ethics Standards Board for Accountants Clear my choice

Please help explain 23 and 24

Analyse budget contingency and three reasons it might be useful to be added to the budget.