Present and Projected Cost of Services
1) How do future cost projections affect overall operational services that are provided? Please provide an example in your explanation.
2) Explain for what the various application methods are of cost control?]
3)How does cost control affect the overall budget cycle?
4)Based on our reading, what approach should managers utilize when attempting to measure a loss that results from physical damage to an asset? In specific, this is referred to as an impairment – so, we can also work on defining this term as well.
5)Define impairment as mentioned in question 3.
6)Class, what are the different components of a budget control system?
7) Please include a brief explanation of their importance.
8) What are the different components of a budget control system?
9)Please include a brief explanation of their importance.
