Decentralised Budgeting
Not what you're looking for?
Please help with with the questions below:
Define decentralized budgeting. Discuss what benefits could be realized by implementing decentralized budgeting and defend with examples.
List two critical requirements for accurate capital budgeting estimation. Also, give an example of applying one capital budgeting tool.
Purchase this Solution
Solution Summary
This solution defines decentralized budgeting and provides benefits that are associated with its use, including specific examples to support the statements made. Additionally, this solution describes the two critical requirements for accurate capital budgeting estimation and gives an example of the application of one capital budgeting tool.
Solution Preview
Define decentralized budgeting. Discuss what benefits could be realized by implementing decentralized budgeting and defend with examples.
Budget refers to allocation of resources by laying down a plan. As per hubpages. "Decentralized budgets involve more input from individuals outside of the upper management team." It is a bottom-up approach where all the levels of management contribute to the preparation of the budget. There are important benefits which could be realized by ...
Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking