We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our terms and conditions for more information.

Next up

Copy and Edit

How Budgeting Can Deal Uncertainty

Description

Master ACCA F5: Performance Management (C:Budgeting) Mind Map on How Budgeting Can Deal Uncertainty, created by Shahid Musthafa on 02/11/2013.

Mind Map by Shahid Musthafa, updated more than 1 year ago

	Created by Shahid Musthafa about 11 years ago

Resource summary

How Budgeting Can Deal Uncertainty

Budgeting produces a range of possible outcomes
1. Worst Case
2. Average Case
3. Best Case
Using past Data and forecasting techniques
Reducing Uncertainty using research techniques
1. Focus Groups
2. Desk Research
3. Field Research
4. Mystery Shopping
using Quantitative techniques in management Accounting
1. Sensitivity Analysis
2. Decision Trees
3. Stimulation
4. Expected Value

Show full summary Hide full summary

Want to create your own Mind Maps for free with GoConqr? Learn more.

Similar

Types of Conflicts In Budgeting

Shahid Musthafa

ZERO BASED BUDGETING (ZBB)

Shahid Musthafa

Top down v/s Bottom up budgeting

Shahid Musthafa

Budgeting & Purpose of Budgeting

Shahid Musthafa

Activity Based Budgeting

Shahid Musthafa

LIFE CYCLE COSTING

Shahid Musthafa

Incremental Budgeting

Shahid Musthafa

Rolling budgets

Shahid Musthafa

Disadvantages of financial performance indicators

Shahid Musthafa

TARGET COSTING In Service Industry

Shahid Musthafa

Market Research Techniques

Shahid Musthafa

Browse Library