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andrew-mc [135]
3 years ago
6

A----- is a plan in which an individual balances available resources and expenses.

Business
2 answers:
Simora [160]3 years ago
3 0

A<u> "budget"</u> is a plan in which an individual balances available resources and expenses.


Budgeting is the essential way that you can take control of your accounts. Basically, a budget is a composed arrangement for how you will spend your cash. You can make a month to month or a yearly spending plan. The budget enables you to settle on money related choices early, which makes it less demanding to cover every one of your costs consistently. Budgeting reliably can enable you to turn your accounts around and start to fabricate riches.

Mekhanik [1.2K]3 years ago
3 0

 

<u>A budget is a plan in which an individual balances available resources and expenses. </u>

Budget:

Budget is a plan in which the costs are already determined with available resources, and the actual expenses are matched with the determined cost. It is a pre-planned determination of the costs incurred in the future. The company maintains the budget to know the disparity between the determined costs and actual cost. If there is a disparity between it, the company tries to know the reason behind it. Budget is an instrument of measuring the cost and trying to lower the cost of production.  

Types of budget:

  • Fixed budget: Fixed budget refers to that budget in which the costsdo not change according to the quantity of units produced. The costs for a particular number of units are similar. If the production level changed over a certain limit of units of production, then the fixed budget will be changed.
  • Master budget: Master budget is a type of budget which includes all the budgets in it. The master budget includes sales budget, purchase budget, production budget, inventory budget, and cost budget.
  • Flexible budget:Flexible budget refers to that budget which changed according to the units of production. If the quantity of units produced changed; the budget is adjusted according to the units of production.

Learn more:

1. Learn more about net income

<u>brainly.com/question/10955397 </u>

2. Learn more about income and expense ( budgeting)

<u>brainly.com/question/1890422 </u>

3. Learn more about the goal of the budget

<u>brainly.com/question/1226004 </u>

Answer details:

Grade: Middle School

Subject: Accounting

Chapter:  Budgetary control  

Keywords: budget, plan, an individual, available resources, and expenses, pre-planned, disparity, measuring, lower the cost, production.

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3 years ago
Find out the municipal taxes you are subjected to. Calculate your average annual tax payments to your municipality.
DENIUS [597]

Answer:

I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.

The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:

Items Tax Percentage Districts

Retail sales tax 0.7%

Occupancy tax 2.1% only for the Northern Virginia Planning District

Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District

Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District

Restaurant meal 1%

Communication taxes 1.05%

Motor vehicle rental tax 4%

Explanation:

I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.

The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:

Items Tax Percentage Districts

Retail sales tax 0.7%

Occupancy tax 2.1% only for the Northern Virginia Planning District

Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District

Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District

Restaurant meal 1%

Communication taxes 1.05%

Motor vehicle rental tax 4%

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3 years ago
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Answer:

D. A sales representative for a communications provider is trained to present the most expensive service packages to consumers first. If the consumer asks for cheaper options, however, the sales representative is to offer those

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Answer:  Option A

     

Explanation: In simple words, business plan refers to an outline of framework that guides an organisation regarding its operations in future.

        Business plan helps the organisation and its employees to set the chain of activities they need to perform for achieving their goals. Business plans also helps to determine the amount of capital needed to finance the projects that further helps the organisation to seek outside funding.

Hence from the above we can conclude that the correct option is A.

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Answer:

The correct answer is (A)

Explanation:

Managers are frequently called upon to make decisions. Making a decision is critically important for the success of a business; that is why it is crucial to evaluate the choices in detail. Examining the pro and cons of a decision leads towards a better conclusion. Decision-making process involves various steps, such as identifying, gathering information, choosing from alternatives, implementing the decision, and lastly to analyse the results.

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