Hw-1650 budgets and their need


Many people look at the budgetary process with much the word budget with fear and dread. Often you will see the accounting department with scowls on their faces and signs up that say…Enter at Your Own Risk. Would a magic wand make the process better if we changed the name to something else like a financial road map or guide to success? Many people often question why a budget is needed. In your own words, explain why budgets are a needed part of a business? What areas of the budgetary process are an integral part of the business?

2. What is the difference between a static vs flexible budget? Explain.

3. What are standard costs and how do they affect your budget? What decisions can be made with standard costs?

4. There is often a lot of confusion regarding variable, fixed and mixed costs. What are each of these financial elements and what is their impact on reporting to management? Provide an example of each type of cost and how that cost can affect a report if recorded incorrectly.

**Each question response needs to be at least 250 words 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more