How important is a purchases budget and how does it help managers run a company?
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- What is the impact of responsibility reporting and budgeting on an organization?Q.How does preparing the budget help Hazlett’s management team better manage the company?Why are companies divided into departments for the purpose of management control? Is it possible to evaluate a cost center's profitability? Explain.
- Q.How does preparing the budget help Skulas’s management team better manage the company?Which of the following is not a benefit of budgeting? O Provide a way to measure business performance Help managers communicate expectations and quickly. spot deviations Keep managers focussed on financial implications of their business decisions O Provide a way to hire specialized laborsHow does customer Satisfaction relate to management accounting? Give a practical example.
