Management Accounting Essay Example | Topics and Well Written Essays - 1250 words - 4

Management Accounting - Essay Example When budgets are imposed, department managers feel they do not have full control in their departments, which results in low morale and job dissatisfaction. This is the cause of the high turnover among his employees. Participative budgeting encourage a bottom-down approach to budgeting, involving the lower-level managers in the process of planning. This bottom-down approach requires each department manager to submit their proposed budgets for their departments; and with the assessment of the top-level managers will be subject to either approval or revisions. This gives the department managers authority over their finances, without the feeling of being imposed by the top-level management, thus motivating the manager to stay within budgets’ and at the same time top-level management does not give up control over these departments so as not to let the costs balloon. I would recommend participative budgeting for Mr. Sparkes to encourage support from department managers. As previously noted, participative budgeting encourage a bottom-down approach to budgeting, involving the lower-level managers in the process of planning. This bottom-down approach requires each department manager to submit their proposed budgets for their departments; and with the assessment of the top-level managers will be subject to either approval or revisions. This gives the department managers authority over their finances, without the feeling of being imposed by the top-level management, thus motivating the manager to stay within budgets’ and at the same time top-level management does not give up control over these departments so as not to let the costs balloon. Participative budgeting gives department managers the authority they need to feel motivated in doing their jobs, without the top-level management giving up control. By involving the department managers, they will be more motivated to stay within their budgets, thus keeping their morale up and lowering the employee turnover

Research Methods in the Social Sciences Assignment - 2

Research Methods in the Social Sciences - Assignment Example The organization first gives the eligibility information. If eligible, one is required to submit an electronic proposal or download the required forms through the website address given (NCEE, nd). After submission of the proposals, the organization evaluates each eligible proposal. They are ranked by reviewers and submitted to the EPA Approving Official. Selected candidates are given instructions concerning submission of the final grant application. The proposals are ranked based on scores. The highest ranked applicant is selected for the award of the grant. The applicants may also be required to modify their work before giving final funding recommendations. They are notified about the evaluation decisions and possibilities of getting the grant via e-mail. Those recommended are required to give additional certifications and a revised project abstract in electronic form. Official announcement of the award is given by the Agency’s Grants and Interagency Agreement Management Division. The announcement is finally posted in the organization’s website. The deadline for submission of the proposal by the applicant is given. The date for award of the grant is also given. There are no opportunities at present