Available Options:
a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.
b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.
c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.
d) All of the above.
Answer:
Option D. All of the above.
Explanation:
The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.
Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.
At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.
So all of the statements are correct.
Answer:
The correct answer is "It explicates to the client that the solution is truly personalized "
Explanation:
The client immediately will be satisfied and he will feel that he selected the right place; this is the propose of the seller and his company.
Answer:
Credit to cash for 250
Explanation:
As in the question it is given that the customer is paid for $250 for purchase made in the first week of January.
And, in the bank statement it is shown that it was a NSF check.
Now the adjusting the company cash balance for reconciling the item would include a credit for cash for $250 so that the balance should be equaled
Answer:
$15,500
Explanation:
Whenever there is a movement in cash over a given period, it is usually as a result of receipts and disbursement over the period and can be denoted as;
Opening balance + Receipts - Disbursements = Closing balance.
However, if the company intends to maintain closing balance, the amount to be borrowed would form part of the receipts.
$18,500 + receipts - $189,000 = $30,500
Receipts = $30,500 + $189,000 - $18,500
Receipts = $201,000
Given budgeted cash receipts, totalled $185,500, then amount to borrow
= $201,000 - $185,500
= $15,500
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
What is Additive Seasonal Variation?
The seasonal component is stated in absolute terms in the scale of the observed series using the additive approach, and the level equation adjusts the series for the season by deducting the seasonal component. The seasonal component will roughly equal zero within each year.
therefore,
When the change in demand due to seasonality is a constant amount, regardless of trend or average, the seasonal variation is described as Additive Seasonal Variation.
to learn more about Additive Seasonal Variation from the given link:
brainly.com/question/11770138
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