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docker41 [41]
2 years ago
11

A static budget:____.

Business
1 answer:
Talja [164]2 years ago
7 0

A static budget is<u> based on a range of activities</u>.

<h3>What is static budget?</h3>
  • An example of a budget that includes predicted values for inputs and outputs that are thought of before the period in question begins is a static budget.
  • Even with changes in sales and production quantities, a static budget, which is a projection of revenues and expenses for a given period, stays the same.
  • The figures from static budgets can, however, be very different from the real results as compared to those that are discovered after the fact.
  • Accountants, finance experts, and management teams of businesses utilize static budgets to assess the financial success of a company over time.
  • The static budget is meant to be constant throughout the time period, independent of changes that might have an impact on results.

To learn more static budget about with the given link

brainly.com/question/27426308

#SPJ4

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Han and Leia Solo have been married for 24 years and have three children who qualify as their dependents (Jacen, 4; Jaina, 14; a
Ostrovityanka [42]

Other part of question attached

Answer and Explanation:

Answer and explanation attached

3 0
3 years ago
Adjusting Entries for Accrued SalariesGarcia Realty Co. pays weekly salaries of $26,500 on Friday for a five-day workweek ending
Tems11 [23]

Answer:

a.

                                                     Debit                    Credit

Salary expense                            $5,300                

($26,500/5)

Salary payable                                                        $5,300

b.                                                       Debit                    Credit

Salary expense                            $21,200                

($26,500/5*4)

Salary payable                                                        $21,200

Explanation:

a. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the monday is given below:

                                                     Debit                    Credit

Salary expense                            $5,300                

($26,500/5)

Salary payable                                                        $5,300

b. The journal entry that should be made in the books of the Garcia Realty Co. if the accounting period ends on the thursday is given below:

                                                     Debit                    Credit

Salary expense                            $21,200                

($26,500/5*4)

Salary payable                                                        $21,200

5 0
4 years ago
As compared to a traditional income statement format, an income statement organized by cost behavior does not include:As compare
LenaWriter [7]

Complete Question:

As compared to a traditional income statement format, an income statement organized by cost behavior does not include:

a contribution margin.

b cost of goods sold.

c operating income.

d revenues

Answer:

As compared to a traditional income statement format, an income statement organized by cost behavior does not include:

b cost of goods sold.

Explanation:

Cost behavior describes the classification of costs into four main patterns because of the way they respond to changing activity levels.  The four basic cost behavior patterns are fixed, variable, mixed (semi-variable), and step.  These cost behavior patterns remain valid within the relevant production and sales range or activity level or volume.

5 0
3 years ago
A leftward shift in the supply curve for a good may be caused by any of the following except A. consumer expectation of an incre
nydimaria [60]

Answer: A. consumer expectation of an increase in their future income.

Explanation:

The supply curve is simply a graph that shows the relationship that is between the price of a particular good and the amount of quantity that is supplied.

A leftward shift in the supply curve for a good simply means that less of that good is supplied. All tye options will cause less of the goods to be supplied except consumer expectation of an increase in their future income.

3 0
4 years ago
Read 2 more answers
One of the basic facts of life is that people must make choices as they try to attain their goals. This unavoidable fact comes f
Natalka [10]

Answer:

scarcity  is the fact that people must make choices as they try to attain their goals.

Explanation:

  • Scarcity is a commodity's lack of availability, and may be in consumer or commons production.
  • Scarcity often includes a lack of resources for buying goods from a person. There is plenty to the reverse of lack. 
  • Scarcity provides limited resources than is required to fulfill human needs and desires.

so, we say that scarcity leads to dissatisfaction.

therefore the right answer is Scarcity.

8 0
4 years ago
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