1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
coldgirl [10]
2 years ago
8

Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming

year will be $200,000 and expenses will be $120,000. To build in budgetary slack, Joan is least likely to budget for
Business
1 answer:
vredina [299]2 years ago
6 0

The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

<h3>What is a budgetary slack?</h3>

This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.

Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for

Read more about budgetary slack

<em>brainly.com/question/15327518</em>

You might be interested in
Which of the following items represents a document that includes detailed information on when an incident was detected, how impa
Delicious77 [7]

Answer:

D) Lessons learnt report is the correct option.

Explanation:

It is a report performed when a project is concluded. The purpose is to determine and analyze elements of the project which were successful and which were not. They are also known as project post more terms and are aimed at informing process improvements that can mitigate future risks and promote best practices. These reports are considered a key component of effective risk management.

8 0
3 years ago
A company estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter ov
WARRIOR [948]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

A company estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year.

They have, and desire, a 25% ending inventory of finished goods.

Production required for the third quarter:

Sales= 200,000 + 40,000= 240,000

Ending inventory desired= 260,000*0.25= 65,000

Beginning inventory= (240,000*0.25)= (60,000)

Total= 245,000

7 0
3 years ago
Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.
Andru [333]

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

3 0
3 years ago
Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the bo
erik [133]

Answer:

  • The corporation survives even if managers are dismissed.
  • Shareholders can sell their holdings without disrupting the business.

Explanation:

Large corporations are not as easy to dissolve as other types of companies because they have other resources that are able to keep them going if they lose some. One of those resources could be a manager. Should a manager be dismissed, the corporation will survive and simply replaced the dismissed manager.

Also with such corporations, the shareholders can simply sell their shares and the business's operation will not be disrupted as the shareholders do not have any direct say over the day to day running of the business.

4 0
2 years ago
Salon Company originally issued 4,000 shares of $10 par value common stock for $120,000 ($30 per share). Salon subsequently purc
katen-ka-za [31]

Answer:

(D)  Credit to Paid-In Capital from Treasury Stock for $800.

Explanation:

Please see attachment

6 0
3 years ago
Other questions:
  • Mr. Etemadi has prepared the following list of statements about service companies and merchandisers.
    12·1 answer
  • A company purchased a weaving machine for $190,000. The machine has a useful life of 8 years and a residual value of $10,000. It
    14·1 answer
  • FreshLeaf is a commercial salad maker that produces "salad in a bag" that is sold at many local supermarkets. Its customers like
    14·1 answer
  • Lincoln Park Co. has a bond outstanding with a coupon rate of 5.75 percent and semiannual payments. The yield to maturity is 4.7
    13·1 answer
  • Differentiate between economic growth and economic development ?​
    12·1 answer
  • Read each scenario and pick the statement that matches it.
    10·1 answer
  • The WTO authorized several countries to impose about $150 million in trade sanctions against the United States in retaliation fo
    11·1 answer
  • Amram Inc. can issue a 20-year bond with a 6% annual coupon at par. This bond is not convertible, not callable, and has no sinki
    10·1 answer
  • Kraft Foods has established dedicated teams to focus on their business with many of their largest customers. With "Team Kroger,"
    11·1 answer
  • to effectively segment a market, you should ensure that the segments are relatively blank , at least in terms of prospective buy
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!