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1 year ago

budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called:

1 answer:

6 0

Budgets that are revised by adding a new quarterly budget to replace the quarter that has just elapsed are called rolling budgets.

<h3 /><h3>What is rolling budget?</h3>

It corresponds to a more flexible and adaptable type of budget, generally used for companies whose business can be more volatile.

It is used continuously and extended, being updated during the period for the addition of new variables in the existing model. This being valid for use in the future budget.

Any type of budget is a necessary tool for organizations to be able to plan the use of their resources in a structured way that is consistent with their needs and objectives.

Therefore, a continuous or rolling budget helps companies adapt to trends, risks and characteristics of a dynamic market that is constantly changing.

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Network externality is the correct answer.

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3 years ago

You are comparing three investments, all of which pay $100 a month and have an interest rate of 8 percent. One is ordinary annui

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c. The present value of the perpetuity has to be higher than the present value of either the ordinary annuity or the annuity due

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Considering the following statements:

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3 years ago

Which of the following statements is correct regarding a cover letter?

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The cover letter should be short and direct.

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3 years ago

What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000? Assume the m

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Answer:

a. The real GDP increases by $200,000.

a. The real GDP increases by $150,000.

Explanation:

a. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $50,000?

Eventual effect on real GDP = Amount of increase in government spending * (1 /(1 - MPC)) = $50,000 * (1 / (1 – 0.75)) = $200,000

Therefore, the real GDP increases by $200,000.

a. What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $50,000?

Eventual effect on real GDP = (Amount of increase in government transfers * (1 /(1 - MPC))) - Amount of increase in government transfers = ($50,000 * (1 / (1 – 0.75))) - $50,000 = $150,000

Therefore, the real GDP increases by $150,000.

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2 years ago

Papillon Co. has determined the following per unit amounts: Direct materials $30 Fixed selling and administrative $60 Direct lab

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Answer:

The correct answer is A.

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Giving the following information:

Direct materials= $30

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<u>Under the variable costing method, the unit product cost is calculated using the direct material, direct labor, and unitary variable overhead.</u>

Unitary product cost= 30 + 36 + 24= $90

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3 years ago

Read 2 more answers