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alexandr1967 [171]
2 years ago
10

Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budg

eting approach known as ______ budgeting.
Business
1 answer:
Oxana [17]2 years ago
6 0

Using the previous budget as a starting point and making adjustments to the funds allocated to each expense category is the budgeting approach known as incremental budgeting.

<h3>What is incremental budgeting?</h3>
  • The concept behind incremental budgeting is that the easiest way to create a new budget is to just make minor adjustments to the one that is already in place.
  • In other words, incremental budgeting involves starting with the present budget and adding or subtracting incremental assumptions to arrive at new budget numbers. In terms of budgeting techniques, incremental budgeting is frequently regarded as the most conservative strategy.
  • Entrepreneurship is extremely dangerous, but it can also be very rewarding because it contributes to economic growth, innovation, and wealth.
  • For entrepreneurs, securing money is essential: SBA loans and crowdsourcing are two forms of finance.
  • The manner business owners file their taxes and pay them will depend on the organizational structure of their company.

To know more about incremental budgeting with the given link

brainly.com/question/14271949

#SPJ4

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Answer:

primary

Explanation:

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3 years ago
A.J. is the vice president for Keane Products, a marketing consulting firm. On a business trip to New York City in 2019, he meet
Ede4ka [16]

Answer:

$312

Explanation:

Business Travel expenses are costs incurred when you are away from home on businesses. Accordingly, in this case, AJ is allowed to deduct 50% of his entertainment costs (that is, meal and theater tickets) since it follows a substantial business discussion. The cost of transportation, that is the cab fare is fully covered under the business expenses as it is not subject to the 50% rule of deduction for entertainment and the likes.

Thus,

Total money AJ can deduct as business expenses.

= (50% of 350) + (50% of 190) + 42

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3 years ago
Why do starbucks customer at busy downtown locations in major cities pay more for a cup of coffee than they would at less busy l
user100 [1]
Hey You! Here's The Answer:

They are willing to pay more for the convenience of the Starbucks' location.
7 0
3 years ago
Brutus' Fried Chicken patented the recipe for the spices used in the coating of the chicken. The patent protection lasts for 17
belka [17]
My answer: <span>b. opportunity during the time of the patent protection

Patent protection may also be identified as a cost for doing business but there are a lot of costs that will be spent in doing business. Thus, patent protection of Brutus' Fried Chicken will be treated as opportunity during the time of the patent protection. This patent ensures that only Brutus' Fried Chicken can use of the said </span><span>recipe for the spices used in the coating of the chicken. They can litigate anyone who will infringe on their recipe. </span>
4 0
3 years ago
Indicate whether a change in the value of each of the following determinants of demand leads to a movement along the demand curv
Marizza181 [45]

Answer:

movement along the demand curve: i

shift in the demand curve: ii, iii, iv, vi

no effect: v

Explanation:

A change in the price of the product causes quantity demanded to change. It will be indicated by a movement on the same demand curve.  

A change in other factors will cause the demand for the product to change. It is indicated by a shift in the demand curve.  

i. Change in the market price: movement along the demand curve

ii. Change in income: shift in the demand curve

iii. Change in consumer expectations: shift in the demand curve

iv. Change in the price of a related good: shift in the demand curve

v. Change in the price of an unrelated good: no effect

vi. Change in preferences for this good: a shift in the demand curve

3 0
3 years ago
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