1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
____ [38]
3 years ago
8

A disadvantage of static budgets is that they a.do not allow for possible changes in activity levels b.show the expected results

of a responsibility center for several levels of activity c.are dependent on the previous year's actual results d.cannot be used by service companies
Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

Static budgets do not allow for possible changes in activity levels (A).

Explanation:

Budgets play a vital role in helping firms track their finances, know their expenses, and also identify methods to maximize profit. A static budget is a budget that is constant even though other factors like revenue and sales volume change.

The static budget is based on the firm's expected output level and revenue at the beginning of the accounting period that it is designed to cover. For example, if $5 million is made as revenue by a company for the last year, the company may create a static budget built on that particular revenue figure.

You might be interested in
Chantel works at Coca-Cola. To make the required sales number, Chantel sent more Coca-Cola products to their distributors than w
miv72 [106K]

Answer: Channel stuffing

       

Explanation: In simple words, channel stuffing refers to the deceitful business practice by the organisations in which it shows wrong picture of its sales and earnings by sending more products to the distribution channel which they are able to send.

In the given case, Chantel has been sending their distributors more units than they asked for with the objective of inflating the sales number in the records.

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

7 0
4 years ago
Camille transfers property with a tax basis of $800 and a fair market value of $1,200 to a corporation in exchange for stock wit
Yuki888 [10]

Answer:

$1,100

Explanation:

The computation of the amount realized is shown below:

= Fair market value of exchanged for stock + cash in a transaction - selling expenses incurred

= $850 + $350 - $100

= $1,100

Basically we have added the cash and subtracted the sales expenses to the fair market value so that the correct amount of the realized amount will come in.

4 0
3 years ago
How do I calculate current ratio
myrzilka [38]
Uh what are you asking for
6 0
3 years ago
Read 2 more answers
Thompson Company had $1,000 in office supplies at the beginning of the fiscal year. At the end of the fiscal year, Thompson Comp
Shalnov [3]

Answer: Amount of supplies expense = $700

Explanation:

Given the following :

Amount of supplies at the beginning of the year = $1000

Amount of supplies which remained unused = $300

Amount of supplies expense at the end of the fiscal year = Amount of used supplies

Amount of used supplies = (amount of supplies at beginning - amount of unused supplies)

Amount of used supplies = ($1000 - $300)

Amount of used supplies = $700

Therefore, amount of supplies expense = $700

3 0
3 years ago
The law of demand says that as the price of a good decreases, the quantity demanded of the good __________.
masya89 [10]

Answer:

increase

Explanation:

the law is indirectly proportional

4 0
3 years ago
Other questions:
  • ATT Inc. sells a cordless phone for $ 50 per unit. The unit material cost is $ 10 and unit labor cost is $ 15. The annual manufa
    11·2 answers
  • Nicole thinks that her business, nicole's getaway spa (ngs), is doing really well and she is planning a large expansion. with su
    6·1 answer
  • Luther industries has a dividend yield of 4.5% and a cost of equity capital of 10%. luther industries' dividends are expected to
    9·2 answers
  • Where on a check should you write the name of the payee?<br> part A<br> part B<br> or part C
    10·2 answers
  • Amy manages mobile device security for her company, an insurance firm. The company currently uses BYOD. She’s concerned about em
    10·1 answer
  • Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S
    10·1 answer
  • Is Cu2+(aq) + 2e− ---------------&gt; Cu(s) oxidation or reduction?​
    13·1 answer
  • G Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:
    9·1 answer
  • A. decide tenure of the loan
    5·2 answers
  • if a start up business owner invests $25,000 cash and then borrows $15,000 from a bank, the owner's equity would be
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!