As a manufacturing company, what do you think is the recommended budgetary system that can be used? And do you think using multiple budgetary systems would establish a balance and efficiency in business operations and cost management?
Jabes Bwanga
How do you think we as Management Accountants can improve standard costing techniques considering its limitations?
0 votes
0 thanks
Lata Sharma
Along with Standard Costing, flexible budgeting and zero base budgeting should be used.
0 votes
0 thanks
Jabes Bwanga
Exactly what I think should be right
The employment of different budgeting systems is an efficient way of Budgeting within a manufacturing firm.
Theoretically we might suggest one or two methods but practically it may prove to be different.
0 votes
0 thanks
- Badges
- Science topic
- Similar topics
- Biological Science
- Biota
- Eukaryota
- Fungi
Similar questions and discussions