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Lección 6

Authored by Paulo Broce

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University

Used 11+ times

Lección 6
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Budget is a short-term bussiness plan expressed in ?

Financial or physical terms

A long term business plan

Monetary plans

Plan to achieve an objective

2.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

Select 3 Uses of Budgets

Promote forward thinking

Design a nice Gantt chart

Help coordinate the varios aspects of Business

Design a long plan of business

Motivate Performance

3.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

Select 3 steps for Budget design

Plan of action

Establish who will take responsability

Identify key factor

Prepare the cost control plan

Review and Coordinate

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Zero Based Budgeting philosofy is ...

All spending is ok

To spend something need the manager approval

Monitor perfomance relative to budget

All spending must be justified

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Incremental budgets are based on?

A long term analysis

Columnar Budgets

Previous Periods

Identify key factors

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