CHAPTER ONE 1.0 Background of the Study The success of any organization either non-profit organization or profit oriented entities is generally influenced by its planning and control mechanisms. The two concepts of planning and controlling must be balanced so as to attain success and development in an organization. At the planning stage an organization usually stipulates its objectives‚ missions‚ visions‚ goals and means of attaining those objectives with formulation of
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Gear and Gear Trains Mechanical and Mechatronics Engineering Department Faculty of Engineering and Technology Multimedia University of Kenya EMG 2310: Gear Mechanisms Third Year First Semester‚ 2013 BSc. Mechanical Engineering and BSc. Mechatronics Engineering By Dr. Charles M.M. Ondieki August 2013‚ Nairobi Table of Contents 1.0 Gears ....................................................................................................................................... 3 1.1 Advantages and
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flexible budget? A flexible budget projects budget data for various levels of activity. The flexible budget is a series of static budgets at different levels of activity. The flexible budget recognizes that the budgetary process is more useful if it is adaptable to changed operation conditions. Flexible budgets can be prepared for each of the types of budgets include in the master budget‚ so depending on your particular business you will have different budgets in your flexible budget. • What
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KARNATAKA ELECTRICITY REGULATORY COMMISSION Date: 26th December 2005 Action Plan for Implementation of Intra-state Availability Based Tariff (ABT) 1. Introduction For the purpose of transmission of electricity‚ India has been divided into five regions namely‚ Eastern‚ Western‚ Southern‚ Northern and North-Eastern Regions. These regions have been interconnected to form a “National
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“Team B” Flexible Budget Tenecia Blevins‚ Zokieya Canida‚ Robert Edmonds‚ Carl Hignite‚ Harold Smith Accounting - ACC/561 September 1‚ 2014 Myrtle Clark Flexible Budget Organizations in today’s ever-changing global market make use of budgeting to help measure performance‚ plan‚ and control its business operations. Organizational leaders make use of flexible budgets to help take into consideration; various uncertainties that may emerge after business operations commence. According to Kimmel
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1. Budgeting - An Introduction A budget is a plan that outlines an organizations financial or operational goals. It is an action plan. It helps a business allocate resources‚ evaluate performance‚ and formulate plans. Understanding the importance of budgeting is the first step in successful financial planning. This tutorial introduces budgeting and the 5 most commonly used methods of budgeting 2. Preparing & Controlling a Budget Budgeting is potentially a managers most valuable planning and
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Transmission of PowerPulley Mechanism ByManoj Tiwari DFT/NIFT-G’Nagar Learning ObjectivesTo understand the Pulley Mechanism To develop the understanding of Mechanical Advantage using pulleys. To explore the applications of Pulleys for mechanical power transmission Class room Teachings by Manoj Tiwari 2 Pulley… The pulley a variation of the axle and wheel; the wheel is grooved to guide a rope‚ chain or cable along the circumference of the wheel‚ which moves freely around
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Introduction to Mechanisms Yi Zhang with Susan Finger Stephannie Behrens Table of Contents 1 Physical Principles This chapter introduces the basic physical principles behind mechanisms as well as basic concepts and principles required for this course. 1.1 Force and Torque 1.1.1 Force Force: an agent or influence that‚ if applied to a free body results chiefly in an acceleration of the body and sometimes in elastic deformation and other effects. Every day we deal with forces
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GUESS WHO JEANS STATIC BUDGET VARIANCE FOR THE MONTH JUST ENDED Income Statement line-item Budgeted amount per unit Static Budget (A) 10‚000 units Actual Results (B) 16‚000 units Static Budget Variance (A) – (B) Revenue Variable costs: Materials Labor Overhead Total Contribution margin Fixed costs: Manufacturing Overhead Marketing costs Total fixed costs Operating
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