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bonufazy [111]
3 years ago
12

Which of the following is true of a budget committee? a.It ensures that shareholders approve the budget. b.It takes care of the

marketing activities of a firm. c.It is responsible for reviewing the budget. d.It works under the direction of the budget director
Business
1 answer:
CaHeK987 [17]3 years ago
5 0

Answer:

The correct answer is letter "C": It is responsible for reviewing the budget.

Explanation:

The Budget Committee is formed by high executives in an organization who create and keep the fiscal responsibility of that company. Normally, budget committees are composed by the <em>Chief Executive Officer</em> (<em>CEO)</em> and the <em>Chief Financial Officer</em> (<em>CFO</em>). They are in charge of reviewing and approving the budget.

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After graduation in 2 years, Antwone would like to take a much needed vacation to the Caribbean Islands. He anticipates that the
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Answer: $3,580.30 (converted to 2decimal places).

Antwone need to deposit " $3,580.30008” into the account each semi-annual period in order to take his vacation in 2 years

Explanation:

By using compound interest formula below to solve the question

A = p ( 1 + r/n)^nt

A = amount (future value)= $3,800

P = principal (present value) ?

r = annual nominal rate = 3%= 0.03

n = today number of compounding years = semiannually (2 interest payments period in a year) = 2

t = time in years =2

3,800 = p ( 1 + 0.03/2)^2(2)

3,800 = p ( 1 + 0.015 )^4

3,800 = p ( 1.015 ) ^4

3,800 = 1.06136355 p

divide both sides by 1.06136355

p = 3,800 / 1.06136355

p = $3,580.30008

≈$3,580.30 ( rounded off to 2d.p)

3 0
3 years ago
Project risk is lowest during the: Finish phase of the project life cycle. Conceive phase of the project life cycle. Develop pha
olchik [2.2K]

Answer:

Finish phase of the project life cycle.

Explanation:

The finish phase (or termination, or completion phase) of a project life cycle is basically when the project is completed and it is being delivered to the customer. Depending on the project, paperwork and documents are handed out to the customer, contracts with workers and suppliers are terminated. Everyone involved with the project must be notified about its completion and all obligations are paid for.

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3 years ago
7. John earned $2,500 as a life guard over the summer. This was his only job and income taxes were deducted from his paychecks b
guapka [62]
My answer is choice d.
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3 years ago
Houston pumps recently reported $185,250 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciati
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<span>ANSWER: a
RATIONALE: Shares outstanding 530,000
Price per share $27.50
Total book common equity $5,125,000
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Difference between book and market values $17.83</span>
3 0
3 years ago
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Create a bulleted list of four descriptive terms describing possible experience a person may have. These may be your own experie
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Answer: I can’t give an exact answer but i can help you get on the right path an experience is The knowledge or skill acquired by experience of carrying out a task or chore over a period of time, Especially that gained in a particular profession by working a position in a job for certain amount of time that you can carry out that procedure independently with out needing instructions or training first

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