How do computerized budgeting systems aid firms in the budgeting process? Why would standard cost be a more appropriate transfer cost between cost centers than actual cost? Discuss the principal limitations of the cash payback method for evaluating capital investment proposals.

Choose a question below. You only need to select one question from the list below:

1. How do computerized budgeting systems aid firms in the budgeting process?

2. Why would standard cost be a more appropriate transfer cost between cost centers than actual cost?

3. Discuss the principal limitations of the cash payback method for evaluating capital investment proposals.