What are the disadvantages of flexible budget?

What is the negative form of flexible?

Rigid , inflexible , unyielding .

What are the disadvantages of being more flexible?

Over flexibility has a number of problems besides being a symptom of conditions like Marfan's Syndrome. One is that over-flexed joints can develop arthritis. Another is that you can easily develop tendinitis. An example is that an over-flexible person playing a sport can tear ligaments, etc.

Which two of the following are disadvantages of flexible budgets?

They are more time consuming than fixed budgets and they are based on a set of assumptions which may be over simplistic. Managers may not have time available to prepare flexible budgets to cover all possible scenarios. Therefore they will often make simplifying assumptions. They are useful for decision making as they ...

What are the disadvantages of flexible packaging?

What are the challenges of flexibility?

What are the pros and cons of flexible schedules?

What are the advantages and disadvantages of a very flexible versus a less flexible approach?

Answer. The advantage of a very flexible approach is less bias, so the model better approximates reality, and typically better prediction. The disadvantage is higher variance and the potential for overfitting. A more flexible model might be preferred if the goal of statistical learning is prediction.

What are the disadvantages of flexible working arrangements?

Flexible working hours can reduce the opportunities for face-to-face interaction and collaboration between team members. This can lead to communication breakdowns and misunderstandings, which can negatively impact productivity and teamwork.

What is the disadvantage of flexible rates?

Additionally, there's no need to hold large reserves of foreign currencies since the exchange rate isn't pegged. However, this system isn't without its drawbacks. A major weakness is its unpredictability, which can lead to volatility in the currency markets.

What are the disadvantages of flexible benefits?

There are a few disadvantages as well, like offering flexible benefits to employees requires administrative resources and time. It can be very expensive as the company may have to license a new technology for implementing this.

Why can flexible budgeting cause problems?

Flexible budgets are inherently more complicated than static budgets because they require more financial oversight and frequent monitoring. Since your budget will change depending on various conditions and factors, it's crucial to monitor your revenue and expenses regularly throughout your various projects.

What are the disadvantages of a budget?

What are the disadvantages of flexible automation?

Disadvantages of Flexible Automation

Despite its advantages, there are some disadvantages to flexible automation: Higher Cost: Flexible automation systems are complex and can require significant investment in advanced software and equipment.

Which two of the following are disadvantages of flexible budget?

Higher Costs- A flexible budget can be more costly to implement, especially if it requires additional resources or software to track expenses accurately. Time-consuming- A flexible budget can be more time-consuming to manage, requiring ongoing updates and adjustments as activity levels change.

What are the advantages and disadvantages of performance budget?

✅ By prioritizing performance goals, performance budgeting can improve transparency and accountability in government spending. (Source: Government Finance Officers Association) ✅ Implementing performance budgeting can be challenging and requires significant changes in organizational culture and processes.

What is a major disadvantage of a static budget?

The limitations of static budgets

Once set, it remains the same, even if your revenues or expenses change substantially. May promote inefficiency: Because static budgets are set in advance, they may not encourage departments to use resources efficiently, as unused funds can't be reallocated during the budget period.

What are the risks of flexibility?

When you have too much flexibility (i.e. when you are too flexible for what your body can handle), your risk for injury skyrockets - because your ligaments are too lax and your body lacks enough strength to support your bodyweight / control the range of motion.

What are the disadvantages of being more flexible in an enterprise?

Flexible working hours won't make everyone's life easier; for managers and employers it can be a frustration. It is so much harder to keep a good track of what your team is up to when they are all working different hours or at different places.

What causes loss of flexibility?

Many variables affect the loss of normal joint flexibility including injury, inactivity or a lack of stretching. The range of motion will be influenced by the mobility of the soft tissues that surround the joint. These soft tissues include: muscles, ligaments, tendons, joint capsules, and skin.