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1 year ago

The process of evaluating and planning for long-term investments is called budgeting.

1 answer:

6 0

Answer is Capital Budgeting
Reason
Evaluating and planning for long term investments and risk of future cash flows is capital budgeting.

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Effective managers their dominant decision style to avoid making mistakes. for each example, select the decision style that most

Vaselesa [24]

Simply put, Decision making is defined as the process involved in making a decision. It involves comparing alternatives and finding a solution to a problem.

The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.

Kyle prefers to base decisions on lots of data, both objective data from information systems and qualitative data from people - Analytical decision style

Bill prefers simple, clear-cut solutions to problems. - Directive decision style.

Josie likes to talk to people one on one to find out how the decision will affect them - Behavioural decision style.

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3 years ago

The five-dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift ca

Radda [10]

Answer:

Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.

If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.

We know that if a person stay at home and eat delicious home-cooked then he must use some ingredients to cook food.

Therefore, the opportunity cost of eating the home-cooked meal is five-dollar Burger Joint gift card and the value of ingredients that are use in the home-cooked food.

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3 years ago

The Stone Company has observed that its utility cost is $5,000 when operating at a level of 20,000 machine hours per period. The

trasher [3.6K]

Answer:

$4,600

Explanation:

Data provided in the question:

Utility cost = $5,000

Operating level = 20,000 machine hours per period

Final utility cost = $4,000

Final operating level = 15,000

Now,

Variable cost per machine hour

= [Total cost at highest level-Total cost at lowest level] ÷ [ Highest level-Lowest level) ]

=[ 5000 - 4000 ] ÷ [ 20,000 - 15,000 ]

= $0.2 per machine hour

Therefore,

Fixed costs = $5,000 - [ 0.2 × 20,000 ]

= $1000

Total cost for 18000 machine hours

= [ 0.2 × 18,000 ] + 1000

= $4,600

5 0

3 years ago

In a group of five people, two report annual incomes of $25,000 and the other three report incomes of $34,000, $46,000, and $105

nataly862011 [7]

Answer:25,000

Explanation:

Mode is what repeats the most

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3 years ago

The agreement of the trial balance total is an indication that all transactions have been properly recorded in the books of acco

Lostsunrise [7]

Answer: I did not agree that the agreement of trial balance is an indication that all transactions have been properly recorded in the books of account .it only means that certain types of errors have not been made.

Explanation:

Trial balance is an account prepared in order to test the arithmetical accuracy of entries in the ledger account. When a double entry principle has been observed then the total of debit entry must equal the total of credit entry in the trial balance. The balancing of the two sides of the trial balance does not mean that the account is correct. It means that certain types of errors have not been made. In the sense that there are several types of error which will not affect the balancing of trial balance such as the compensating error, error of original entry, error of omission, error of commission and so on will not affect the balancing of trial balance.

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3 years ago