A company's actual performance should be compared against budgeted amounts for the same accounting period so that ________.
A) adjustments for future conditions can be included
B) to avoid any feedback from the budgets due to past miscues
C) inefficiencies of the past year can be included
D) a rolling budget can be implemented
Question 2
Which of the following is a reason why top managers want lower-level managers to participate in the budgeting process?
A) To benefit from their experience with the day-to-day aspects of running the business.
B) To reduce the time and cost expended in the budgeting process.
C) To ensure that they do not introduce any budgetary slack.
D) To ensure that the budgets are administered rigidly given the changing market conditions.
Active Compared with Passive Voice
Example of an employee performance evaluation form.
Performance Elements in the Art of Massage
Effects of Retrieval Practice on Predicted and Actual Memory Performance
Accounting
MANAGEMENT ACCOUNTING