What is a static budget? A static budget is a budget that does not change as volume changes. If a company’s annual master budget is a static budget‚ the budget for sales commissions expense will be one amount such as $200‚000 for the year. In other words‚ in a static budget the budgeted amount for sales commissions expense will remain at $200‚000 even if the actual sales during the year are $3 million‚ $4 million or $5 million. In contrast to a company’s static master budget‚ the company’s sales
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The Health Club Industry This case provides an opportunity to practice analyzing the industry environment and how it might influence the strategic issues facing a firm. In essence‚ any industry analysis requires us to think about how broadly we should define the scope of the industry. Please be sure to identify the boundary of the industry. In preparing your case for class discussion‚ please ensure you have read chapter two from Dess Lumpkin and Eisner‚ 2012‚ which is available on Blackboard. Further
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Introduction What Is A Budget? "A budget is a plan." More specifically‚ a budget is a plan of action matched by resources required to implement the plan. Budgets generally divide between two broad categories: the operating budget‚ sometimes known as the "expense" budget and the capital budget. Budget in simple word means a sum of money allocated for a particular purpose. Budget is there in everyone’s life‚ it may be a small or a big one. Budget is a tool which helps in controlling and planning the
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for its needs and costs. Budgets are then built around what is needed for the upcoming period‚ regardless of whether the budget is higher or lower than the previous one. Because of its detail-oriented nature‚ zero-based budgeting may be a rolling process done over several years‚ with only a few functional areas reviewed at a time by managers or group leadership. Zero-based budgeting can lower costs by avoiding blanket increases or decreases to a prior period’s budget. It is‚ however‚ a time-consuming
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OPERATING SYSTEM FUNDAMENTALS This section explains the various operating systems available today and identifies major personal computer operating systems. Although Microsoft Windows is the dominant operating system in the personal computer market today‚ there are other operating systems that can run on various desktops and laptop. These operating systems vary in their popularity‚ system requirements and features. 3.1 Microsoft Windows Microsoft window is the single most popular and widely
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A budget can be defined as an itemized listing of the amount of all estimated revenue or income which the school anticipates receiving‚ along with a listing of the amount of all estimated costs and expenses that will be incurred during a given period of time (Wango Geoffrey‚ 2009:211). A school budget can be defined as a document or statement outlining a school’s revenue (income) projections against expenditure. A school budget can also be defined as a financial plan of funds that a school expects
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The Arizona budget is currently meeting its objectives and obligations. The needs of residents within the State are meet accordingly. The Congress of the State for the past few years have kept a balanced budget. Moreover‚ the appropriations are distributed directly to the programs/services provided by Arizona. Legislators and the governor priorities in funding the expenditures of the state seem to be connected to the constituents of its districts. As an Arizona resident‚ the proposal for the
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Types of Operating Systems Within the broad family of operating systems‚ there are generally four types‚ categorized based on the types of computers they control and the sort of applications they support. The categories are: * Real-time operating system (RTOS) - Real-time operating systems are used to control machinery‚ scientific instruments and industrial systems. An RTOS typically has very little user-interface capability‚ and no end-user utilities‚ since the system will be a "sealed box"
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Mobile Operating Systems (Mobile OS) Introduction: A mobile operating system‚ also called a mobile OS‚ is an operating system that is specifically designed to run on mobile devices such as mobile phones‚ smartphones‚ PDAs‚ tablet computers and other handheld devices.Much like the Linux or Windows operating system controls your desktop or laptop computer‚ a mobile operating system is the software platform on top of which other programs can run on mobile devices. The operating system is responsible
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Operating System Basics Functions of Operating Systems • An operating system is the software on a computer that manages the way different programs use its hardware‚ and regulates the ways that a user controls the computer. • Provide a user interface • Run programs • Organized file storage Types of Operating Systems • Real-time operating system – Very fast small OS – Built into a device – Respond quickly to user input – MP3 players
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