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NEW QUESTION: 1
'Public sector organizations are often judged by their economy, efficiency and effectiveness. Consequently, they should use an approach to budgeting other than incremental budgeting.' Required:
Explain ONE advantage and TWO disadvantages of public sector organizations using incremental budgeting.
Select all true statements.
A. The main advantage of incremental budgeting is that the cost of past activities becomes fixed and any inefficiencies or wastage is perpetuated.
B. The incremental approach encourages managers in public sector organizations to look at the efficiency and effectiveness of activities undertaken.
C. An incremental; approach is not as easy and fast to implement than other forms of budgeting approaches e.g. zero based budgeting.
D. Under an incremental approach to budgeting, existing operations and the current budgeted allowance for these existing activities are taken as the base level for preparing the budget.
E. Public sector organizations tend to be fairly complex and in many cases outputs cannot be measured in monetary terms therefore the link between inputs and outputs is difficult to establish. An incremental approach can therefore provide a cost effective approach to budgeting.
F. The incremental approach means that budget holders in public sector organizations will be encouraged to use up this year's budget will be as high as possible.
Answer: D,E,F
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/cima-p1-104-18/

NEW QUESTION: 2
Which component requires an IBM DB2 database?
A. IBM Sametime Unified Telephony Control Server
B. IBM Sametime Community Server
C. IBM Sametime Advanced Server
D. IBM Sametime Multiplexor
Answer: C

NEW QUESTION: 3
Your customer's Acquisition Process key competency has a Basic maturity level.
You need to recommend a process to improve the Acquisition Process maturity level.
Which process should you recommend?
A. Collect entitlement records throughout the organization.
B. Require an annual sign-off on all SAM reports.
C. Reuse licenses as computers are retired.
D. Require that software purchases be made from approved vendors.
Answer: D
Explanation:
Explanation/Reference:
Explanation: