Chapter 9 Flexible Budgets and Performance Analysis Solutions to Questions 9-1 The planning budget is prepared for the planned level of activity. It is static because it is not adjusted even if the level of activity subsequently changes. 9-2 A flexible budget can be adjusted to reflect any level of activity—including the actual level of activity. By contrast‚ a static planning budget is prepared for a single level of activity and is not subsequently adjusted. 9-3 Actual results can differ
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INVESTIGATE TWO POSSIBLE SOLUTIONS TO LOW LIFE EXPECTANCY Life expectancy is the average period of a person may expect to live. The life expectancy can be predict or calculate by the analysis of life tables which is also known as the actuarial table. The term that is known as life expectancy is most often used in the context of human population in a country. It also can be said that the average life expectancy of an individual depends on the importance they give on their health. Currently
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What are the pros and cons of reserved parking from an expectancy theory perspective? Well to start the expectancy theory is used to encourage an employee to be self-motivated and to perform at the level the company requires. Employees are given certain rewards that will receive as a result of meeting certain goals or by behaving a certain
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regional as well as global competitors and maintain the longevity of the service sector in Singapore‚ it is essential for both the government as well as proprietors to ensure excellent service is provided through a reliable and efficient workforce. 2.0 FLEXIBLE WORKING HOURS The key to maintaining such competitive level of service in Singapore is through the employment of the 24-hour workforce‚ which is most prevalently seen in the management of hotels and food and beverage establishments. Despite the
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FLEXIBLE WORKING HOURS FROM THE PERSPECTIVE EMPLOYER AND EMPLOYEES IN MALAYSIA 1.0 INTRODUCTION 1.1 BACKGROUND INFORMATION: Flexible working hours is very important on perspective of employers and employees in Malaysia. Companies that offer flexible working schedules are the key to luring professional women back into the workforce. Flexible work arrangements was a tried and true strategy used by advanced economies and offered a work-life balance that was becoming essential in attracting
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Flexible time A plan whereby employees’ workdays are built around a core of mid-day hours when all workers are required to be present. Workers can arrange their own starting and stopping hours before and after the core period. Positive effects on employee productivity‚ job satisfaction‚ satisfaction with work schedule‚ and employee absenteeism. Positive effect on absenteeism was much greater than on productivity. Compressed workweek * Non-conventional 5-day‚ 40-hour workweek Example
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Krokodil The world’s most horrifying drug can be found right outside your door. This drug is known as Krokodil and its being dispersed around the world. It originated in Russia several years ago. Nobody knows exactly how long it’s been in the U S‚ but some people believe it has been for over a year. The side effects are so shocking that after use of this drug just one time your life will never be the same. There is no guarantee that you will even recover. In the end you will die. The name Krokodil
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CHAPTER 7 FLEXIBLE BUDGETS‚ DIRECT-COST VARIANCES‚ AND MANAGEMENT CONTROL 7-1 Management by exception is the practice of concentrating on areas not operating as expected and giving less attention to areas operating as expected. Variance analysis helps managers identify areas not operating as expected. The larger the variance‚ the more likely an area is not operating as expected. 2. Two sources of information about budgeted amounts are (a) past amounts and (b) detailed engineering studies
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Evaluate to what extent expectancy theory and equity theory can explain motivation at work. Motivation can be defined as a set of reasons which regulates ones behaviour. As observed the success of any organization depends largely on employee motivation. Motivated workforce leads to reduced absenteeism‚ staff turnover‚ greater efficiency leading to higher productivity. Various motivation theories by social scientists can be classified into process and content theories. Content theories concentrate on drives
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Tommy George 9/1/14 Marella 4 Correlation Between Life Expectancy and Maximum Temperature Hypothesis: I expect to find a small negative correlation between life expectancy and maximum temperature because of the many videos we have seen in class. In all of the underdeveloped countries that we have viewed in the videos‚ the weather was hot. Procedure: 1. Go to the US census information gateway website. 2. Select “demographic overview” and choose 15 random countries starting at the top of the list
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