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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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Polly sells goods to customers in exchange for a $10,000 noninterest-bearing note due in 3 years. The interest rate on this type
Irina-Kira [14]

Answer:

present value = $8396.19

Explanation:

given data

cash flow = $10,000

rate r = 6 %

time period t = 3 years

to find out

present value of the note  

 

solution

we get here present value that is expressed  as

present value =   \frac{cash\ flow}{(1+r)^t}     ....................1

put here value and we will get present value

present value = \frac{10000}{(1+0.06)^3}  

solve it we get

present value = $8396.19

7 0
3 years ago
At which step or steps in the decision-making process do qualitative considerations generally have the greatest impact
ludmilkaskok [199]

Answer:

Making a decision

4 0
1 year ago
Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such
drek231 [11]
I believe outsourcing is a highly contested idea because people would rather have the products they use produced in their country. I think outsourcing is a good idea because production of a product might be cheaper in another country but sometimes that means a less of quality product.


Brainliest?
7 0
3 years ago
If a borrower can afford to make monthly principal and interest payments of 1000 and the lender will make a 30 year loan at 5 1/
Alexus [3.1K]

Answer:

The the largest loan this buyer can afford is 14,533.75.

Explanation:

This can be determined using the formula for calculating the present value of an ordinary annuity as follows:

Step 1: Calculations of the present value or the loan the buyer can afford for a 30 year loan at 5 1/2%

PV30 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV30 = Present value or the loan the buyer can afford for a 30 year loan at 5 1/2% =?

P = monthly payment = 1000

r = interest rate = 5 1/2% = 5.50% = 0.055

n = number of years = 30

Substitute the values into equation (1) to have:

PV30 = 1000 * ((1 - (1 / (1 + 0.055))^30) / 0.055)

PV30 = 1000 * 14.5337451711221

PV30 = 14,533.75

Step 2: Calculation of the present value or the loan the buyer can afford for a 20 year loan at 4 1/2%

PV20 = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (2)

Where;

PV30 = Present value or the loan the buyer can afford for a 20 year loan at 4 1/2% =?

P = monthly payment = 1000

r = interest rate = 4 1/2% = 4.50% = 0.045

n = number of years = 20

Substitute the values into equation (1) to have:

PV20 = 1000 * ((1 - (1 / (1 + 0.045))^20) / 0.045)

PV20 = 1000 * 13.0079364514537

PV20 = 13,007.94

Conclusion

Since 14,533.75 which is the present value or the loan the buyer can afford for a 30 year loan at 5 1/2% is greater than the 13,007.94 which is the present value or the loan the buyer can afford for a 20 year loan at 4 1/2%, it therefore implies that the the largest loan this buyer can afford is 14,533.75.

5 0
2 years ago
What is the difference between an authoritarian and a democratic manager?
dolphi86 [110]

Answer:

Autocratic leadership has only one person that has the authority to make decisions and takes very little to no inputs from other groups, Democratic leadership allows everyone to participate in decision making.

Explanation:

Authoritarian leadership, also known as autocratic leadership, is a management style in <u>which an individual has total decision-making </u>power and absolute control.

Democratic management involves managers reaching decisions with the <u>input of the employees</u> but being responsible for making the final decision.

6 0
2 years ago
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