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pentagon [3]
2 years ago
13

Budget is a framework which guides the implementation, assessment, monitoring of all government programs to ensure sound financi

al management. Explain it.​
Business
1 answer:
REY [17]2 years ago
4 0

The yearly budget law, which covers the revenue and expenditure forecasts for a particular year, is planned, approved, executed, and audited within the permanent legal framework provided by the constitution, the budget organic law, and financial rules.

<h3>What is the Importance of a Budget in business?</h3>

It allows the business owner to focus on cash flow, cost-cutting, boosting earnings and boosting returns on investment. The cornerstone of every successful firm is budgeting. It assists with both planning and maintaining control over the company's finances.

An evaluation of a company's anticipated financial resources or the resources needed to finish a project constitutes a budget estimate. A budget estimate is a rough estimation of the amount of money that will likely be needed to finish a project or the amount of money that will be predicted to be available to a firm or organization.

Learn more about Budget here:

brainly.com/question/15683430

#SPJ1

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A theme park that wants to alert customers that the weather has cleared after a rainy morning and that customers can now buy two
Andrej [43]
Google maybe I don't know if that's a soccial media
6 0
4 years ago
Which of the following statements is true?
Dafna1 [17]

Answer: The more narrowly we define a market, the more elastic the demand for a product will be.

Explanation: Narrowly defined markets tend to have more elastic demand than broadly defined markets because it is easier to find close substitutes for narrowly defined goods.

For example, a broad category of food, has a fairly inelastic demand because there are no good substitutes for food while Vanilla flavoured ice cream, a very narrow category, has a very elastic demand because other flavors of ice cream (e. g Chocolate) are perfect substitutes for vanilla.

5 0
3 years ago
Read 2 more answers
You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance ma
anygoal [31]

Answer:

get margin call if stock drop below $35.71

Explanation:

given data

share = 200

margin = $50 per share

initial margin = 50 %

maintenance margin = 30%

to find out

margin call if the stock drops below

solution

we know equity is = 200P - 5000

and here P is margin call if stock drop

margin is express as

margin = \frac{equity}{share} = maintenance margin

\frac{200P - 5000}{200P} = 0.30

200P - 5000 = 60P

P = \frac{5000}{140}

P = 35.71

so get margin call if stock drop below $35.71

3 0
3 years ago
New Day Vitamin Company's __________ relies heavily on advertising, personal selling, and a limited use of product sampling.
Zielflug [23.3K]

New Day Vitamin Company's <u>promotion mix</u> relies heavily on advertising, personal selling, and limited use of product sampling.

A promotion mix simply means the blend of different promotional tools that are used by organizations to create and increase the demand for goods and services.

A company's promotion mix combines promotional tools such as personal selling, advertising, sales promotion, publicity, sampling, public relations, etc.

In conclusion, the correct option is promotion mix.

Read related link on:

brainly.com/question/25521323

7 0
3 years ago
What criteria cannot be used to create a custom segment?.
labwork [276]

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

hope this helps

6 0
2 years ago
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