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ElenaW [278]
1 year ago
13

Flexible budgets reflect a company's anticipated costs based on variations in? standards. inflation rates. activity levels

Business
1 answer:
Rainbow [258]1 year ago
3 0

According to changes in actual revenue or other activities, a flexible budget can be adjusted. The end result is a budget that closely matches actual outcomes. This method differs from the more typical static budget, which only lists fixed spending figures that do not change in accordance with real revenue.

Flexible spending plans adapt to activity levels. It is prepared at different output levels. Compared to the static budget, it is more sophisticated.

The flexible budget, at its most basic, adjusts the costs that directly correspond to changes in income. To determine what expenses should be at a given revenue level, the model often includes a percentage that is multiplied by actual revenues. Flexible Budget reflect a company's anticipated costs based on variation on activity levels.

To learn more on Flexible Budget

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Former GVO marketing director, David Lieberman, tells a story about a new product idea proposed by a creative person. The idea w
WITCHER [35]

Answer: A - vested interests in the status quo

Explanation: Vested interests in the status quo is when people derive their income, job, status or power from something they have an interest in.

Even if the situation causes obvious harm to people or the environment, they work to keep the status quo for economic reasons. This causes a conflict of interest between what is good for the individual in the short term and what is good for humanity and the planet in the long term.

Vested interest structures impede and suppress innovations that would benefit society as a whole. The most practical solution is to implement a guaranteed livable income which would immediately reduce the impact and number of vested interests, and would free humanity to evolve and save the environment before it is too late.

5 0
3 years ago
A mandate is an informal order that is given by a higher authority to suggest change. Please select the best answer from the cho
larisa86 [58]
The answer is false.
 A mandate is a formal order that is given by a higher authority to suggest change. As described in oxford's dictionary, mandate is an official order or commission to do something.
6 0
4 years ago
the probabilities that stock A will rise in price is 0.61 and that stock B will rise in price is 0.39. Further, if stock B rises
Flauer [41]

Answer:

0.7699

Explanation:

The calculation of the probability that at least one stocks is shown below :-

∩ represents the interaction of sets.

while

∪ represents the set of all elements in the collections.

So,

P(A ∩ B) = P(B) × P(A ÷ B)

= 0.39 × 0.59

= 0.2301

P(A ∪ B) = P(A) + P(B) - P(A ∩ B)

= 0.61 + 0.39 - 0.2301

= 1 - 0.2301

= 0.7699

4 0
4 years ago
Quatro Co. issues bonds dated January 1, 2019, with a par value of $400,000. The bonds’ annual contract rate is 13%, and interes
nexus9112 [7]

Answer:

$9850

$ 146,172  

Explanation:

The amount of premium on the bond issuance is the difference between the cash proceeds from the issue and the face value of the bond i.e $9,850($409,850-$400,000).

The total expense that would be recognized over the life of the bond is $146,172   as shown in the expense column of the attached amortization schedule.

Find attached effective interest amortization table.

The final balance is $22 more than the face value due rounding error.

Download xlsx
4 0
3 years ago
Read 2 more answers
If the Equal Employment Opportunity Commission (EEOC) concludes that a workplace discrimination claim does not violate Title VII
Genrish500 [490]

Answer: False

Explanation: It is lawful to take an action against employers because employees must have complained about discrimination that affects other people. It does not matter whether the person is a witness regarding an EEO complaint brought by others, or whether the person is complaining of conduct that directly affects himself.

8 0
3 years ago
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