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Importance of Budgeting and Capital Budgeting Methods in Managerial Accounting

   

Added on  2023-06-04

16 Pages3705 Words215 Views
Materials Science and Engineering
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Managerial
Accounting
Assignment
Importance of Budgeting and Capital Budgeting Methods in Managerial Accounting_1

1
By student name
Professor
University
Date: 29 the Sep 2018.
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Importance of Budgeting and Capital Budgeting Methods in Managerial Accounting_2

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Executive Summary
In the given assignment two articles have been selected that highlights the importance of
budgeting for the companies and includes different methods of analysis for the same. The main
aim is to analyse different aspects of budgeting in such a way that it is beneficial to the company
and its peers. Both are articles are scholarly articles and highlights the overall similarities and
dissimilarities between the two articles and specific outcomes that have been derived from the
same is also stated in the assignment. It highlights why budgeting is important and how
companies can apply the same in ways that is not easily possible.
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Importance of Budgeting and Capital Budgeting Methods in Managerial Accounting_3

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Table of Contents
Executive Summary.........................................................................................................................2
Introduction......................................................................................................................................4
Advantages of Budgeting................................................................................................................4
Disadvantages of Budgeting............................................................................................................5
Discussion on the two journals........................................................................................................6
Explanation Of The Selected Management Accounting Topic...................................................6
Purpose of the studies and the research questions set out to be explored....................................6
Similarities and differences between the findings of the 2 studies..............................................9
Specific outcomes and relevant learnings from the research findings.......................................10
References......................................................................................................................................11
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Importance of Budgeting and Capital Budgeting Methods in Managerial Accounting_4

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