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xxTIMURxx [149]
4 years ago
5

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

anning?
Business
2 answers:
IgorC [24]4 years ago
7 0
In terms of smart financial planning, the reason why Christie makes changes to her budget <span>at the end of every month is because s</span>he is reviewing her goals at the end of every month and consequently, aligning the budget to work toward them.
Mashutka [201]4 years ago
3 0

Answer:

In the case Christie has a financial goal, it is a good practice to check her budget every month since this will allow her to confirm if her plan is working or if there are points of improvement. In the case changes have to be made, they can be made on time and not at a later stage where it could lead to other problems. Possibly Christie has been making changes to her budget because she is adjusting it the best way possible so she can make sure she will reach her goal.

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If W. Edwards Deming was your management consultant, he would emphasize
VARVARA [1.3K]

Answer:

Letter A. <u>Quality through constant innovation and quality assurance training.</u>

Explanation:

Alternative A is correct, as W. Edwards Deming was a pioneer scholar in the application of organizational quality management.

He was responsible for creating the 14 points, which are principles for management that will help the organization to achieve total quality. He was also responsible for popularizing the PDCA Cycle (PLAN, DO, CHECK, ACT), which is a strategic tool widely used worldwide to ensure continuous improvement and the quality of processes and products.

  • PLAN:  define objectives, methods and resources.
  • DO: Perform, educate and train.
  • CHECK: Measure and evaluate
  • ACT:  act correctly.

Continuous improvement can be achieved through the correct and targeted use of the PDCA cycle towards organizational objectives. For Deming, without continuous improvement, there is no survival of the organization in the market, so he argues that continuous improvement must be implemented in all phases of the project, to achieve the benefits of continuous improvement of processes, increased productivity and reduced costs.

4 0
3 years ago
Which of the following is the best reason for a home inspector to have a set procedure for the inspection process?
Eddi Din [679]
A. It prevents omissions and oversights during the inspection.
3 0
3 years ago
In 1893, a one-million acre area of the grand canyon national forest reserve was home to an estimated 3,000 rocky mountain mule
laiz [17]

Answer:

0.1 / acre or 1 / 10 acres

Explanation:

The density of an animal in a given area is given by the number of animals per unit of area.

In this case, we want to know the density of the mule deer in 1923 (100,000) divided by the total area of the Grand Canyon National forest Reserve (1,000,000 acres).

So, we'll simply divide 100,000 by 1,000,000 to get:

D = 100,000 / 1,000,000 = 0.1

The density of the mule deer within the Grand Canyon National forest Reserve  is of 0.1 / acre or 1 / 10 acres

3 0
3 years ago
a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, what is the margin of safety
Gnoma [55]

Answer:

(A)

240,000 margin of safety in dollars

20% as percent of sales

(B)

actual sales= 11,250,000

Explanation:

current \:sales - BEP_{USD} = margin \: of \: safety

1,200,000 - 960,000 = 240,000 margin of safety in dollars

\frac{current \:sales - BEP_{USD}}{current \:sales} \times 100 = margin \: of \: safety

\frac{1,200,000 - 960,000}{1,200,000} \times 100 = margin \: of \: safety

240,000/1,200,000 = 0.2 x 100 = 20%

For B we will determinate the BEP in dollars and then add the 20% margin of safety.

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{1,875,000}{0.2} = Break\: Even\: Point_{dollars}

BEP = 9,375,000

BEP x ( 1+margin of safety) = actual sales

BEP x (1 + 20%) = 11,250,000

7 0
3 years ago
Please answer !!! For a lot of points
MrRa [10]
The answer is A.60mil hope that help
4 0
3 years ago
Read 2 more answers
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