Bjarte Bogsness’s work on Beyond Budgeting is excellent for separating the different concerns of budgets like resource allocation and motivation and prioritisation, providing more flexibility, as well as being beautifully alliterative. Budgeting for half a year or quarterly lets you change direction ...
different monetary choices might have led to less inflation. But they would have risked much higher levels of unemployment. No, we never will know how that counterfactual would have worked out. But I consider the
Accurate quantification of gross primary production (GPP) at regional and global scales is essential for carbon budgets and climate change studies. Five models, the vegetation photosynthesis model (VPM), the temperature and greenness model (TG), the alpine vegetation model (AVM), the greenness and...
How is re-forecasting similar to (and different from) continuous budgeting or rolling budgets? In some financial-planning firms, what strategies do they emphasize? What are the three costs associated with inventory? Explain each and give examples. Describe the accounting for inventory ...
Identify and briefly explain two (2) types of Non-Financial Budgets. Discuss the differences between proprietary funds, internal service funds, and enterprise funds. How do the differences affect accounting for each type of fund? Describe the differences between the three types of...
During the last hard market, carriers looked to make immediate cuts to their marketing budgets, but some channels are harder to cut than others. For instance, television usually requires advertisers to make long-term commitments up front, which prevents carriers from having the flexibility to quickl...
SUNY Geneseo, our second-ranked master’s-granting institution, benefits from New York State’s continued investment in higher learning. While nearly all states enacted large cuts to university budgets after the Great Recession, a few, including New York and California, have restored almost all of...
While the spending bills could do a tremendous amount of good, policy makers need to get the details right. Absent tough regulation, for instance, state governments will be tempted to cut their higher education budgets by the amount of extra aid Washington is sending, leaving the intended ...
True or false? Planning works best when the goals and action plans at the bottom and middle of the organization support the goals and action plans at the top of the organization. True or false? The three kinds of operational plans are single-use plans, standing plans, and budgets. ...
An account manager is offered a geographic territory in which he or she is responsible for. In addition, the account manager is given sales quotas to meet and is often given a salary and combination of commission. Some companies start an account manager at a salaried level the first year, ...