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Natasha_Volkova [10]
1 year ago
13

The first budget customarily prepared as part of an entity's master budget is the _____ budget.

Business
1 answer:
Fantom [35]1 year ago
4 0

The first budget customarily prepared as part of an entity's master budget is the sales budget.

A sales budget is a economic plan that estimates a company's total revenue in a specific term. It focuses on two matters—the number of products sold and the price at which they're sold—to expect how the company will perform. The motive of sales budget is to acquire the objectives of the income department. It also acts as a planning tool. It enables a firm to set standards and try to achieve them. it's also an device of coordination between special departments in an organization like income, finance, production and advertising.The company's inner strengths or weaknesses, have an impact on its income budget. It includes elements like plant's production potential, advertising channel, promotion and commercial, sales volume and revenue, and so on

The enterprise's internal strengths or weaknesses, affect its sales budget. It includes factors like plant's production potential, marketing channel, promotion and advertisement, income volume and sales, and so on.

Learn more about Sales budget here:-

brainly.com/question/24196533

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20. The National Response Framework is a comprehensive guide to prevention, protection, response, recovery, and mitigation. A. T
Vlad1618 [11]

Answer:

Answer is option A, i.e. True.

Explanation:

The National Response Framework is a regarded as a comprehensive guide to deal with various emergencies and disasters that may threaten the normal ongoing process of a nation. This guide provides all the details regarding the prevention, protection, response,, and recovery from different types of dangerous situation that might adversely affect the well being of the nation.

8 0
3 years ago
Types of Control Systems Controlling is one of the basic functions of management. It is critical to an organization's effectiven
Annette [7]

Answer: Option D

Explanation: In simple words, controlling refers to the function of management in which manager sets the standards of performance, compares the performance with the standards and take corrective actions in case of any discrepancy.

Controlling helps the organisation to achieve its goals by making the employees working towards the same goal determined in the planning stage. Controlling sets the standards of performance for the employees which works as a guide in their job.

Hence the correct option is D.

5 0
2 years ago
Read the sentence.
kow [346]

Answer:I think its 4

Explanation:

4 0
3 years ago
Read 2 more answers
The literacy rate is ____.
Alisiya [41]

Answer: the proportion of a country's people that can read and right

Explanation:

originally literacy rate is based on the number of LITERATE persons in a give age group.

4 0
3 years ago
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and
Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

Explanation:

<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

5 0
3 years ago
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