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liubo4ka [24]
3 years ago
13

A budget that allocates increased or decreased funds to a department by using the last budget period as a reference point is cal

led a(n)_____. A) standardized budget B) fixed budget C) zero-based budget D) incremental budget E) tactical budget
Business
1 answer:
dmitriy555 [2]3 years ago
8 0

Answer:

D) incremental budget

Explanation:

An incremental budget is a budget in which the budget is prepared based on the last year budget or the actual performance so that the amounts that are increased or decreased could be added for the current year budget

Here in the given situation, the allocation of the budget is either increased or decreased by using the previous year budget is known as incremental budget

hence, the correct option is D. Incremental budget

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You are going to a dinner whith three (3) friends, one who likes steak, another wine, and the third is a vegetarian (which is as
DENIUS [597]

Answer:

the answer is option D)<u>Equal sharing of the bill ensures that people order a similar dollar amount of food</u>

Explanation:

The theory of consumer behavior states that "consumers allocate incomes among different goods and services to maximize their utility"

Consumer behavior revolves around three parameters their preferences, budget constraints, and options available.

The budget constraint will definitely influence the choice of what to buy within the options available to maximize utility. That means how the bill is shared among the three friends will ultimately affect how much they will chose to eat.

Secondly, The vegetarian will not be better off with equal sharing of the bill because the cost of his food according to the data provided is less.

We don not know for sure if the wine drinker drinks too much or whether he will want his other friends to foot the extra bill from the cost of his wine but we are certain that equal sharing of the bill ensures that people order a similar dollar amount of food.

3 0
3 years ago
Joe and Mike have been friends since college and both work in the financial industry. The two work for two un-affiliated broker/
castortr0y [4]

Answer:

A) Because Joe and Mike work for un-affiliated broker/dealers, they are not permitted to share or split commissions, making this arrangement un-acceptable.

Explanation:

Even though Joe and Mike are friends and know each other for a long time, in the real world where money has an almost divine status, they must follow the rules. Commissions can only be split between agents that work for the same broker-dealer firm and are registered to work in the same state.

Since Joe and Mike work for unaffiliated broker-dealers, they cannot share clients or split commissions. Following the rules will not only help them professionally, but probably will help their friendship.

5 0
3 years ago
PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!Type the CORRECT answer in the box.
Mariulka [41]

Answer:

105.88

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.

CPI = Current year price / base year price x 1000

90/85 x 100 = 105.88

7 0
3 years ago
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at ev
amid [387]

When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is Linear.

Opportunity costs address the potential advantages that an individual, financial backer, or business passes up while picking one option over another. Since opportunity costs are inconspicuous by definition, they can be barely noticeable.

Opportunity Costs= Absolute Income - Monetary Benefit.

The Production Possibility Frontier (PPF) is a bend on a chart that shows the potential amounts that can be delivered for two items if both rely on a similarly limited asset for their production. The PPF is additionally alluded to as the creation probability bend.

To learn more about Production Possibility Frontier is linear.

brainly.com/question/22527871

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7 0
2 years ago
An example of an inventory accounting policy that should be disclosed in Summary of Significant Accounting Policies is the:_____
ludmilkaskok [199]

Answer:

Option C

Explanation:

The overview of important accounting rules is a portion of the end notes that accompanies the financial statements of an company, outlining the key policies that the finance department is following. The policy overview is prescribed by the accounting system in force (like the GAAP or IFRS).

The approach a corporation uses to assess the inventory expense (inventory valuation) affects the financial reports explicitly. Thus, it should be depicted in summary of accounting policies.

8 0
3 years ago
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