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提问人:网友yuntian118 发布时间:2022-01-07
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3 Better budgeting in recent years may have been seen as a movement from ‘incremental budgeting’ to alternative

budgeting approaches.

However, academic studies (e.g. Beyond Budgeting – Hope & Fraser) argue that the annual budget model may be

seen as (i) having a number of inherent weaknesses and (ii) acting as a barrier to the effective implementation of

alternative models for use in the accomplishment of strategic change.

Required:

(a) Identify and comment on FIVE inherent weaknesses of the annual budget model irrespective of the budgeting

approach that is applied. (8 marks)

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更多“3 Better budgeting in recent years may have been seen as a movement from ‘incremental budgeting’ to …”相关的问题
第1题
Which of the following statements about budgeting and motivation are true 1 A target i

Which of the following statements about budgeting and motivation are true 1 A target is more motivationing than no target at all 2 The problem with a target is setting an appropriate degree of difficulty 3 Employees who are challenged tend to withdraw their commitment

A.All of them

B.1﹠2

C.2 only

D.2﹠3

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第2题
MEMOTo: All employeesFrom: Frank Palmer, CEODate: October 3Subject: Budgeting for marketin

MEMO

To: All employees

From: Frank Palmer, CEO

Date: October 3

Subject: Budgeting for marketing

We will need annual revenues of more than $3,000,000 to support our marketing plan. Currently, an average of 5.0% of our total sales is used for marketing expenses. We need to increase that amount from this year. It is our belief that strong marketing will make us more competitive.

Our rival, Poliris Corp., has increased their revenues by investing more into marketing. However, we will not invest more in marketing activities if our revenues decrease. According to our analysts, we can anticipate at least a 3% rise next quarter.

Please send me any questions, comments or suggestions you might have about this matter by e-mail at palmer@nova.com.

To: Frank Palmer <palmer@nova.com>

From: Karen Livingston <karen@nova.com>, Human Relations Director

Date: October 4

Subject: Budgeting for marketing

Dear Frank Palmer,

I have a question about the memo you sent out. How often will revenues be tracked? I believe that we need to keep track of how much revenue increase we will have as a result of this new marketing budget plan. We also need to consider our fixed costs such as salaried staff. I believe this plan will require more staff, so we should be considering those extra costs.

I'd like to go over these points, as well as other issues in relation to the staff, with you in person. Please let me know if you are available for a meeting on Friday. I'm meeting with a client in the morning, so the afternoon would be best.

Regards,

Karen Livingston

What is the purpose of the memo?

A.To set up a meeting to discuss the budget

B.To tell employees about money for marketing

C.To ask the employees for comments about the budget

D.To alert the employees about hiring more staff

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第3题
(c) Discuss the ways in which budgets and the budgeting process can be used to motivate ma

(c) Discuss the ways in which budgets and the budgeting process can be used to motivate managers to

endeavour to meet the objectives of the company. Your answer should refer to:

(i) setting targets for financial performance;

(ii) participation in the budget-setting process. (12 marks)

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第4题
(b) Discuss ways in which the traditional budgeting process may be seen as a barrier to th

(b) Discuss ways in which the traditional budgeting process may be seen as a barrier to the achievement of the

aims of EACH of the following models for the implementation of strategic change:

(i) benchmarking;

(ii) balanced scorecard; and

(iii) activity-based models. (12 marks)

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第5题
In which of the following circumstances is the use of a participative budgeting process ap
propriate? (i) In decentralised organisations (ii) When acceptance of the budget as fair and equitable is essential (iii) When an organisation’s different units act autonomously

A、All of (i), (ii) and (iii)

B、(ii) and (iii) only

C、(i) and (ii) only

D、(iii) only

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第6题
听力原文:Where' s the nearest post office?(A)You' d better ask Todd.(B)I bought 3 stamps.(

听力原文:Where' s the nearest post office?

(A) You' d better ask Todd.

(B) I bought 3 stamps.

(C) The pub across the street is very good.

(20)

A.

B.

C.

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第7题
以下非常礼貌的说法表达是:

A、You had better take a bus.

B、Do you need any help?

C、Can you come at 3?

D、Shall I open the door?

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第8题
3) I think a better approach is to allow sustainability to take on a community meaning — a reliance on other trustworthy people and business to care for each other’s health and needs. (rely)
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第9题
听力原文:That's the dealer where I got my brand-new car.(A) I know they give better deals

听力原文:That's the dealer where I got my brand-new car.

(A) I know they give better deals than at any other shop.

(B) They have a special weekend rental rate.

(C) Yes, mine is a sedan.

(3)

A.

B.

C.

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第10题
Children are a delight . They are our future. But sadly, hiring someone to take care o
f them while you go to work is getting more expensive by the year.

Earlier this month, it was reported that the cost of enrolling an infant or small kid at a childcare center rose 3% in 2012, faster than the overall cost of living. There are now large strips of the country where daycare for an infant

This is not necessarily a new trend , but it is a somewhat puzzling one. The price of professional childcare has been rising since the 1980s. Yet during that time, pay for professional childcare workers has stood still. Actually caregivers make less today, in real terms , than they did in 1990 . Considering that labor costs are responsible for up to 80% of a daycare center's expenses, one would expect flat wages to have meant flat prices.

So who's to blame for higher childcare costs?

Childcare is a carefully regulated industry. States lay down rules about how many children each employee is allowed to watch over, the space care centers need per child, and other minute details. And the stricter the regulation s, the higher the costs. If it has to hire a caregiver for every two children, it can't really achieve any economics of scale on labor to save money when other expenses go up . In Massachusetts, where childcare centers must hire one teacher for every three infant s, the price of care averaged more than $16,000 per year. In Mississippi, where centers must hire one teacher for every five infant s, the price of care averaged less than $5,000 .

Unfortunately, I don't have all the daycare-center regulations handy. elaborate , prices have risen . The trade off But certainly, it doesn't seem to be an accident that some of the cheapest daycare available is in the least regulated South .

56. What problem do parents of small kids have to face?

A) The ever-rising childcare prices.

B) The budgeting of family expenses.

C) The balance between work and family.

D) The selection of a good daycare center.

57. What does the author feel puzzled about?

A) Why the prices of childcare vary greatly from state to state.

B) Why increased childcare prices have not led to better service.

C) Why childcare workers' pay has not increased with the rising childcare costs.

D) Why there is a severe shortage of childcare professionals in a number of states.

58. What prevents childcare centers from saving money ?

A) Steady increase in labor costs.

B) Strict government regulations.

C) Lack of support from the state.

D) High administrative expenses.

59. Why is the average cost of childcare in Mississippi much lower than in Massachusetts ?

A) The overall quality of service is not as good.

B) Payments for caregivers there are not as high.

C)Living expenses there are comparatively low.

D) Each teacher is allowed to care for more kids.

60. What is the author’s view on daycare service ?

A)Caregivers should receive regular professional training.

B) Less elaborate rules about children might lower costs.

C) It is crucial to strike a balance between quality and costs.

D) It is better for different states to learn from each other.

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