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3 years ago

What name is given to the principal means of controlling the availability and cost of financial resources?

Business

1 answer:

Alexxx [7]3 years ago

4 0

Answer: BUDGETS

Explanation: A budget can be defined as a written plan for financial purpose of the entity usually made for a definite period of one year. A budget can be fixed or variable.

A budget is made on the planned amount of sales and revenues and takes into consideration various types of cost and expenses to be incurred.

Thus, from the above we can say that budget is that principal mean that is used for controlling of financial resources in an entity.

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Answer is A: true
they are not subject to contractual obligations

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3 years ago

A country that exports less than it imports will end up having to borrow money

Aleksandr [31]

Answer:

true the reason why is because you are giving away more stuff than you are geting

Explanation:

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3 years ago

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per

dolphi86 [110]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

After evaluating Null Company’s manufacturing process, management decides to establish standards of 2 hours of direct labor per unit of product and $15.50 per hour for the labor rate. During October, the company uses 11,500 hours of direct labor at a $180,550 total cost to produce 6,100 units of product. In November, the company uses 22,500 hours of direct labor at a $355,500 total cost to produce 6,500 units of product.

October:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (12,200 - 11,500)*15.50= 10,850 favorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.7)*11,500= 2,300 unfavorable

Total variation= 10,850 - 2,300= 8,550 favorable

November:

Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (13,000 - 22,500)*15.5= 147,250 unfavorable

Direct labor price variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor price variance= (15.5 - 15.8)*22,500= 6,750

Total variation= 154,000 unfavorable

4 0

3 years ago

The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.

gtnhenbr [62]

Answer:

A. True

Explanation:

Internal rate of return abbreviated as IRR, is a capital budgeting technique used to evaluate the profitability of a potential project or an investment. In calculating the IRR, the net present value of the project's cash inflows is set at zero. Getting the actual value of the IRR is through trial and error, or specially programmed software.

IRR shows the growth rate a project or an investment is expected to generate. The higher the value, the better. As a rule, only projects whose IRR is greater than the minimum required rate of return should be accepted. The required rate of return is the same as the cost of capital for the project.

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2 years ago

During the past five years, the nation of Andolvia began a massive undertaking: teaching farmers how to successfully grow and ha

Nutka1998 [239]

Answer:

The correct answer is (D) Import quotas

Explanation:

Import quotas are part of economic policies imposed by a country to <u>protect domestic industries</u> from foreign competition. For this case, the nation of Andolvia placed a restriction on the supply of peanut products to be imported, as they have subsidized and made efforts for their local young peanut industry to grow and mature.

8 0

3 years ago