Answer:
Internal
Explanation:
As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.
Cheers.
Answer:
b. the budget is adjusted to the actual activity for the period.
Explanation:
A flexible budget performance report is a comparison between actual costs and revenues, and the budgeted income and expenses at the end of a period, based on actual performance. The report shows the difference between the actual results and the estimated numbers. Management uses the report to determine if the company's results were in line with management expectations.
The performance report is prepared at the end of a financial period. It helps the management analyse any major variances between the actual performance at the estimated numbers at the beginning of a period. The report helps the management identify the companies strong areas, and the sections that need improvements.
Answer:
$200
Explanation:
When Supplies inventory are purchased, a debit is posted to Supplies inventory and a credit to cash account or accounts payable.
As the inventories are used, debit Supplies expense and credit Supplies inventory account.
Given that $1,000 was the debit in the books and $800 per count, it means the books balance needs to be written down to the physical balance. The difference to be posted
= $1,000 - $800
= $200
This will be done by
Debit Supplies expense $200
Credit Supplies Inventory $200
Being entries to record inventory used in July
Answer:
Cash outflow will be $1300
So option (C) will be correct answer
Explanation:
We have given overhead expense = $2000 per month
Depreciation expenses = $500
And allocated insurance expense = $200
So non cash expense = depreciation expense + allocated insurance expense = $500+$200 = $700
We have to fond the cash out flow
Cash outflow is equal to = Overhead expense - non cash expense = $2000 - $700 = $1300
So cash outflow will be $1300
So option (C) will be correct answer
