Cash budgets, only drawn up once sub budgets for revenues & expenses drawn up
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Strategy
Construct budget, coordinate budgets (master budget), implement (commit resources), control & review using data, react and revise if necessary
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Production Budget
Sales volume + closing stock - opening stock
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Budget constrained style
Evaluation based on meeting costs/ budget, high job tension, potential manipulation of accounting figures, poor relations- inappropriate of uncertain outcomes
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Profit conscious style
Budgets target, but just 1 indicator, can miss budget to make profit, high cost involvement, medium tension, little incentive to manipulate, good relations
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Non- accounting style
Data unimportant in performance evaluation, low cost involvement, medium tension, good relations
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Types of units depending on level of centralisation
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