BUSN 278 Budgeting and Forecasting
 
 
BUSN 278 Week 4 Midterm Exam
 
 
1. (TCO 1) Why are budgets useful in the planning process? (Points : 5)
2. (TCO 2) The qualitative forecasting method that individually questions a panel of experts is _____. (Points : 5)
3. (TCO 3) Which of the following is not used to evaluate the accuracy of regression results? (Points : 5)
4. (TCO 4) Capital expenditures are incurred for all of the following reasons except _____. (Points : 5)
5. (TCO 5) Priority budgeting that ranks activities is known as _____.(Points : 5)
6. (TCO 6) Which of the following ignores the time value of money? (Points : 5)
7. (TCO 1) There are several approaches that may be used to develop the budget. Managers typically prefer an approach known as participative budgeting. Discuss this form of budgeting and identify its advantages and disadvantages. (Points : 20)8. (TCO 2) There are a variety of forecasting techniques that a company may use. Identify and discuss the four main qualitatative approaches, including their advantages and disadvantages. (Points : 20)12. (TCO 6) Corn Doggy Inc. produces and sells corn dogs. The corn dogs are dipped by hand. Austin Beagle, production manager, is considering purchasing a machine that will make the corn dogs. Austin has shopped for machines and found that the machine he wants will cost $262,000. In addition, Austin estimates that the new machine will increase the company’s annual net cash inflows by $40,300. The machine will have a 12-year useful life and no salvage value.
 
 


What Students Are Saying About Us

.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but you proved you are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"

.......... Customer ID: 11***| Rating: ⭐⭐⭐⭐⭐
"This company is the best there is. They saved me so many times, I cannot even keep count. Now I recommend it to all my friends, and none of them have complained about it. The writers here are excellent."


"Order a custom Paper on Similar Assignment at essayfount.com! No Plagiarism! Enjoy 20% Discount!"