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vichka [17]
2 years ago
5

Which primary management responsibility includes the process of creating budgets?

Business
1 answer:
sladkih [1.3K]2 years ago
8 0

Planning is the primary management responsibility which includes the process of creating budgets.

Planning provides a framework for a businesses financial objectives typically for the next three to five years. Thus, budgeting details how the plan will be carried out month to month and covers items such as expenses, revenue, expenses, potential cash flow and debt reduction.

A budget helps create financial stability. So by tracking expenses and following a plan, a budget can make it easier to pay bills on time, build an emergency fund, and save for major expenses etc.

Hence, a budget planning puts a person on stronger financial footing for both the day-to-day and the long term.

To learn more about budget here:

brainly.com/question/18803390

#SPJ4

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You are going to the movie theater with your grandparents and your younger brother. Senior citizen tickets cost $6, your ticket
kipiarov [429]

Answer:

Total expenditure for the trip = $36.25

Explanation:

You are going to the movie with your younger brother and grandparents.

Senior citizens tickets cost $6 while your tickets cost $6.25 and your younger brothers ticket cost $4.25 .

Also there is an additional expenditure due to buying soda and popcorn and it costs $20.

Now we have to find the total cost for your trip to the movie theater.

For that we just need to add all the expenditures.Hence,

Total cost = 6 + 6.25 + 4.25 + 20 =$36.25

This is the total expenditure for the trip.

4 0
4 years ago
The following data are for Lily Kay Company. Total sales revenue $250,000 Number of units sold 50,000 units Contribution margin
eduard

Answer:

b. 51,429 units

Explanation:

If x = Number of units

Net Income = Sales Revenue - Variable Cost - Fixed Cost

or

Net Income = Contribution Margin - Fixed Cost

where,

Net Income = $80,000

Contribution Margin per unit = $3.50

Fixed Cost = $100,000

Contribution Margin = Net Income + Fixed Cost

$3.50x = $80,000 + $100,000

$3.50x = $180,000

Dividing the above equation by $3.50 we get

x = $180,000 / $3.50

x = 51,429 units

Hence 51,429 number of units must be sold to generate the net income of $80,000.

3 0
3 years ago
Because of their sharp quality text output and fast printing speeds, ___ printers are often preferred by businesses.
RideAnS [48]

Answer:

Laser printer

Explanation:

Laser printers are quicker than inkjet printers (producing more pages per minute), generate higher-quality output (with some limitations), and are better suited for high-volume production. Laser printers produce significantly finer lines than inkjet printers, making them ideal for text, logos, and corporate information graphics.

5 0
3 years ago
Fruit Juicy, a natural fruit juice company, relies heavily on consumer advertising, publicity and product sampling. These elemen
inna [77]

Answer:

The correct answer is

b.promotion mix.

good luck ❤

4 0
3 years ago
Does anybody know this \
aniked [119]

Answer:

False

the first one, option A

5 0
3 years ago
Read 2 more answers
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