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liubo4ka [24]
4 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]4 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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Assume the current U.S. dollar-yen spot rate is 90 ¥/$. Further, the current nominal 180-day rate of return in Japan is 1% (annu
Citrus2011 [14]

Answer:

Explanation:

Forward excahnge rate/spot exchange rate = (1+rh)/(1+rf)

rh - periodic interest rate in the home currency

rf - periodic interest rate in the foreign currency

Forward/90 = [1+1%*180/360]/[1+2%*180/360]

Forward = 1.005/1.01 * 90 = 89.55

Forward rate is 89.55 yen/$

3 0
3 years ago
Consider the following events: A petty cash fund of $200 was established on April 1, Year 1. Employees were reimbursed when they
Nady [450]

Answer:

No effect

Explanation:

As with opening of petty cash fund, there is an exchange in the form of asset.

The free cash is now divided in two parts, cash and petty cash.

Both are assets and the closing balance of cash in balance sheet is aggregate of free cash and petty cash.

Therefore, there is no impact in the total assets as now free cash is petty cash which is later added to free cash.

5 0
4 years ago
The comparative balance sheet of ConnieJo Company, for December 31, Years 1 and 2 ended December 31 appears below in condensed f
Sophie [7]

Answer:

Kindly check attached picture

Explanation:

Kindly check attached picture for detailed statement using the direct method

8 0
3 years ago
When the Federal Reserve sells government securities on the open market, what effect does this action have on the nation's
lukranit [14]

Answer:

Money Supply - Decreases / Interest Rates - Increase

Explanation:

Open market sells are contractionary monetary policy measures that aim are reducing inflationary pressures. The Federal reserves undertake monetary policy to achieve stable prices and steady economic growth.

Open market operations involve the Fed selling treasury bills to the banks and other financial institutions. The banks are expected to pay for the treasury bills using customers. Usually, banks issue out the customer deposits to firms, and households are loans. Open market sales results in banks unable to issue out many loans as most of the customer deposits are used to pay for the treasury bills. Banks will have limited cash for loans leading to a decrease in the money supply. Demand for loans exceeds supply resulting in an increase in interest rates.

4 0
4 years ago
As the chief executive officer of Hayden Corp., Kim found an effective way to reward high-performing employees and boost their m
mixas84 [53]

Answer:

c. Leading

Explanation:

According to my research on the different management functions, I can say that based on the information provided within the question the management function that Kim is engaged in is called Leading. This is the act of a manager influencing or motivating his/her employees so that they perform at optimal capacity in order to achieve the organizational goals. Which is what Kim is doing by looking for a way to reward the best employees.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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