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Katen [24]
3 years ago
14

Which of the following is not an advantage of budgeting? a.It forces managers to plan. b.It provides information for decision ma

king. c.It guarantees an improvement in organizational efficiency. d.It provides a standard for performance evaluation. e.It improves communication and coordination.
Business
2 answers:
Semmy [17]3 years ago
3 0

Answer:

c. It guarantees an improvement in organizational efficiency.

Explanation:

The budget does not guarantees an organizational efficiency. It should be efficiently utilized to make more out of it for organizational efficiency.  

kolbaska11 [484]3 years ago
3 0

Answer:

C) It guarantees an improvement in organizational efficiency.

Explanation:

A budget is simply an estimate that might serve as a guideline but by itself it cannot guarantee anything. That is why budget variances exist, both favorable and unfavorable. They are a useful tool to check the department's performance and efficiency, but even super efficient departments might not follow the budget (maybe they have a favorable variance which is good).

That is why the definition of a budget is simply an estimate or educated guess if you prefer.

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Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because t
dimulka [17.4K]

Answer:

$51.25

Explanation:

P9 = Next dividend / Required rate r - Growth rate g

P9 = $15 / 14% - 5%

P9 = $15 / 9%

P9 = $166.67

Po = P9 / (1 - Required rate of return)^9

Po = $166.67 / (1 + 0.14)^9

Po = $166.67 / 3.2519

Po = $51.25

So, the current stock price is $51.25.

8 0
3 years ago
Darryl would like to work as an accountant full time. A full-time position is not available, however, so he must accept a part-t
ivolga24 [154]

Answer: Employed.

Explanation:

Daryl is employed, because he has a job, where he works 15 hours a week. The job although it is not a full-time job still is a form of employment, where Daryl works and is paid.

5 0
4 years ago
Coercive Acts Committees of Correspondence direct tax Indirect tax A. colonial extralegal shadow governments that convened to co
saw5 [17]

Answer:

I believe that two different questions have been mixed into one:

Coercive acts:

  • B) Set of 4 <u>ACTS</u> passed by Lord North to punish Massachusetts for destroying the tea and refusing to pay for the damage: THEY INCLUDED ADMINISTRATION OF JUSTICE ACT, MASSACHUSETTS GOVERNMENT ACT, PORT BILL AND THE QUARTERING ACT

Committees of Correspondence:

  • A) colonial extralegal shadow governments that convened to coordinate plans of resistance against the British

Explanation:

Massachusetts was the only colony that elected their own leaders since its charter allowed them more freedom than any other colony. After the Boston Tea Party, the British parliament decided to punish Massachusetts by sending their own governor and establishes severe penalties and laws. In a practical sense, the governor only ruled in Boston because the British were there, but the rest of Massachusetts remained extremely pro-independence and basically ruled itself as it had before.

5 0
3 years ago
Stock exchanges are located in all of the following cities, except ____.
AysviL [449]
I am pretty sure it is seattle
5 0
3 years ago
Read 2 more answers
As the Board of Governors of the American Red Cross considers planning, one option is to make strategic plans and then direct ma
frutty [35]

Answer:

The answers are:

  • When managers come up with their own plans, they are likely to be more committed to following through on them.
  • The environment is a dynamic one, and department and front line managers can come up with more responsive plans than can central leadership.

Explanation:

Personally I consider a very good idea if the Board of Governors decides to hire planning specialists to help regional or local managers develop their own plans. There are several advantages with this approach:

Regional managers know their "markets" and how to act and deal with them. I guess most of the Board of Governors is made up of wealthy or very important members, and many times their reality is very different than that of normal regular people.

Also, if regional managers can come up with their own plans, they will be extremely motivated to follow them through. They know that if something goes wrong, all the fingers will blame them.

5 0
4 years ago
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