Answer: Budgeting helps to plan, coordinate , delegate responsibility and enhancing clarity in pursuit of an organisation.
Explanation: Every budgets is principally prepared to achieve a set target but there some limitations which makes it difficult for some companies to prepare and follow through with a budgeted plan action. Some of these limitations at any given point in time affect the activities of the organisation. It may be traced to Production capacity, shortage of labour, materials, space, Finance and customer demand. This limitation can at any point in time affect the overall plan of the organisation making it difficult to achieve their set target .
Answer:
a. True
Explanation:
This system of performance review is a 360-degree review or feedback process where a given employee receives inputs on her performance (or other criteria such as behaviors, competencies and results achieved) from different employees with varying working relationships and at different levels. The idea is to ensure that the employee's performance is not partial or biased. Using this system, the employee who may be a manager will have her performance reviewed by employees below, above, and on the same level with her.
Answer:
Final consumers
Explanation:
The goal of channels of distribution is to move products from producers to final consumers, that is, by bridging the gap between the producer and the consumer by bringing the product or service to the final buyer or consumer. Products and services may go through channel members known as intermediaries which include wholesalers, retailers, distributors.
Answer: $2420
Explanation:
The following can be deduced from the question:
EBIT = $3,280
Depreciation = $1,850
Cost of goods sold = $6,920
Dividends = $750
Interest expense = $860,
Taxable Income will be calculated as:
= EBIT - Interest Expense
= $3280 - $860
= $ 2420
You could make a reservation using Travelocity. Juts go to their site and pick your trip of your choice. When you have completed that, you can select to make a reservation and pay for that. After this, Travelocity would debit their cash account and credit their sales account.
