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Unformatted text preview: lete the image and then insert it again. Strategy, Planning, and Budgets, Illustrated The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. Budget Period Operating Budget 2008 2009 2010 2011 Operating budgets ordinarily A continuous (rolling) budget is a cover a one- year period 12- month budget that rolls corresponding to a company’s forward one month (or quarter) fiscal year. Many companies as the current month (or quarter) divide their annual budget is completed. into four quarters. The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. The Ongoing Budget Process: Managers and accountants plan the performance of the company, taking into account past performance and anticipated future changes. 2.  Senior managers distribute a set of goals against which actual results will be compared. 1.  The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open the file again. If the red x still appears, you may have to delete the image and then insert it again. The Ongoing Budget Process: Accountants help managers investigate deviations from budget. Corrective action occurs at this point. 4.  Managers and accountants assess market feedback, changed conditions, and their own experiences as plans are laid for the next budget period. 3.  The image cannot be displayed. Your computer may not have enough memory to open the image, or the image may have been corrupted. Restart your computer, and then open th...
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This document was uploaded on 02/16/2014 for the course ACC 311 at Cal Poly Pomona.

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