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DENIUS [597]
2 years ago
9

a flexible budget prepared (before/after) the period begins allows management to make adjustments to increase profits or decreas

e losses.
Business
1 answer:
zvonat [6]2 years ago
5 0

A flexible budget prepared  <u>before </u>the period begins allows management to make adjustments to increase profits or decrease losses.

<h3>What main objective does a flexible budget serve?</h3>

When income or other activity numbers are still being completed, flexible budgeting can be utilized to more easily alter a budget. This method requires managers to approve all fixed costs as well as variable costs expressed as a percentage of sales or other activity measurements.

Therefore, A flexible budget is one that can change depending on the activity or volume levels of a business. A flexible budget continuously varies with a company's cost variations, in contrast to a static budget, which remains fixed from the numbers decided upon when the budget is created.

Learn more about flexible budget from

brainly.com/question/25353134
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Professor Hanoi's research efforts focus on how the use of heuristics influences the way people think about and assess financial
Luda [366]

Answer:

Cognitive psychology

Explanation:

Cognitive psychology has to do with the scientific study of how the mind processes data, information, creativity and also reasoning. Examples of this processes can be seen in thinking, reasoning, making judgements, being able to recognize numbers, memory etc. From this explanation above, we can see that this professors area o specialization is cognitive psychology.

3 0
3 years ago
If the supply curve for a product is vertical, then the elasticity of supply is:
mihalych1998 [28]

If the supply curve for a product is vertical, then the elasticity of supply is equal to zero.

Deliver curve, in economics, photo representation of the relationship between product charge and the amount of product that a dealer is inclined and able to deliver. Product rate is measured on the vertical axis of the graph and the amount of product provided on the horizontal axis.

The supply curve is a graphic representation of the correlation between the fee of terrific service and the amount supplied for a given duration. In a regular illustration, the price will seem on the left vertical axis, even as the amount provided will seem on the horizontal axis.

Deliver curve shift: changes in production fees and associated factors can purpose an entire supply curve to shift proper or left. This reasons a higher or decreased amount to be supplied at a given price. The ceteris paribus assumption: supply curves relate charges and quantities provided assuming no different factors exchange.

Learn more about the supply curve here brainly.com/question/23364227

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3 0
2 years ago
1. Within the past several years, billing processes have become:
Lina20 [59]

Answer:

Either A. or B.

Most likely A. but I'm not 100% sure

3 0
3 years ago
Which financial statement would include a listing of a companies assets
Thepotemich [5.8K]

Answer:

Balance Sheet

Explanation:

In accounting, Balance sheet will show a complete listing of  assets, liabilities and  Equity of a company within a specific time period. (For most companies, the balance sheet will be made at each end of the year)

under the Assets segment, Balance sheet will specify several accounts arranged based on their liquidity. Cash usually put at the top of the list since it's considered as the most liquid assets.

People use balance sheet to give a general measurement on Company's financial health. If for example, they noticed that the liability is significantly larger than their assets, investors might feel discourage to invest in the company.

4 0
3 years ago
Explain whether each of the following statements is true or false.
Gelneren [198K]

Answer:

1. True

Explanation:

Marginal rate of substitution is quantity of good which a consumer will need to have in order to leave another good. The MRS equals to Px/Py. This will decrease when the demand curve decreases.

3 0
3 years ago
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