In: Economics
Question 2
A balance sheet is often used by analysts to examine a company from a financial point of view. Describe the strengths and weaknesses of the document for this purpose.
Describe the budgeting process, and discuss why the budgeting process is often difficult and time-consuming.
Explain the following costing methods and discuss their advantages and disadvantages: estimating methods, standard costing methods, detailed analysis methods.
Explain the four basic steps in the multi-attribute analysis technique.