Mouhamed Tall 6110 47th Ave South Seattle WA 98118 EDUCATION Bachelor of Arts in Economics – Minor: Public Policy Georgia State University – Andrew Young School of Policy Studies May 2013 Associate of Applied Science in Banking and Finance Georgia Piedmont Technical College
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A budget is a financial plan for the future concerning the revenues and costs of a business. However, a budget is about much more than just financial numbers. Budgetary control is the process by which financial control is exercised within an organisation. Budgets for income/revenue and expenditure are prepared in advance and then compared with actual performance to establish any variances. Managers are responsible for controllable costs within their budgets and are required to take remedial action
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profit in long run), thus the managers’ behaviours is similar as well. The main difference is that managers would take the accounting information less seriously and pay more attention on the qualitative factors. 3/ Budget constrained style: managers are required to follow the pre-set budgets, which means that they are evaluated on short term performance. Because of the pressure to reduce cost as much as possible within a short period of time, managers are often more stressful and so lead to causing
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to socially acceptable practices. Lastly, the plant managers are responsible for the budgeted profits since their performance is evaluated based on their plants’ profit. However, they do not possess full control on those profit components. Sales budgets are made by the district sale managers who are less knowledgeable on the logistics of the plant than the plant managers
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Budget Variance Every hospital faces many challenges, but one of the most difficult challenges is knowing how to manage expenses. When a hospital is planning their budget not only do they have to plan a budget that is beneficial for their staff but also high level care for their patients. With so much in society changing such as technology, increase health care cost, and government restrictions it makes planning the budget very challenging. In order to analyze how expenses are being spent compared
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Upon determining that the budget and productivity is not near the projected benchmarks based on the budget that was in place, the measured metrics and treatment goals that are based on the number of patients on services and care provided. While speaking with the office manager concerning the current and continued projected budget shortfall, the office manager expresses here an option for the current shortage she states that there are not enough qualified employees to service their current client
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Report of Washington Cedar Furniture Ltd for quarter ending 30 June 2017 According to the Budget report of Washington Cedar Furniture Ltd for quarter ending 30 June 2017, the flexible budget variance shows the difference between actual and budget figures. For this quarter, from the operating profit line, it has clearly indicated that the operating profit flexible budget variance is 99405.56 unfavourable which means the actual profit is lower than expected. The operating profit is the result of contribution
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Assignment 1 Matthew M. English University of North Georgia Abstract The key points of my article will be centered around the history of the law enforcement agency I’m working for, which is Alabama Department of Game and Fish under the Alabama Department of Conservation. Also, I will be discussing the characteristics of my law enforcement agency by outlining how it works. The questions I will be asked are as follows. Are there any weaknesses in the agency’s promotion process? Do
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|10 Credits | |ASSIGNMENT |Assignment 1- The Role of Financial Resources – Costs & Budgets | |TUTOR NAME | | |STUDENT NAME
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Operating Budget Christine Mosqueda ACC206: Principles of Accounting II Instructor LaKeitha Givens Date Submitted Operating Budget Within a firm, there are many approaches a manger must organize to get the required attention from the employees. The most important and necessary thing a manager must do is to be able to construct a budget. In an operating budget, there are many different elements that are required to maintain the integrity of the budget for the company. Managers
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