Answer:
B. The zero based budget requires managers to re-justify every planned expenditure every year.
Explanation:
A zero based budget is one that does not take into account historical data when it is considering the present year budget. Each departmental requirement is re-evaluated and a new amount is assigned as budget for the year.
However conventional budgets carryover the previous year's expenses as a base data point. This results in similar budgeting across years.
So the main difference between the two is that zero based budget requires managers to re-justify every planned expenditure every year.
Answer:
The correct answer is GDP.
Explanation:
The GDP is a macroeconomic magnitude that expresses the monetary value of the production of goods and services of final demand of a country or region during a given period, usually one year or quarterly.
GDP is used as an object of macroeconomic study. Its calculation falls within the national accounts. For its estimation, several complementary approaches are used. After the relevant adjustment of the results obtained, in a partial way, the submerged economy is included in its calculation.
Answer: Major part of share should be given to henry and the rest should be given to other children.
Explanation: In the given case, Henry is going to get divorced next year hence if he gets to have his part of share today, he have to split the half with his wife after the divorce.
Thus, Anna and John should gift the major part to Henry as he is suffering from financial crisis and leave the remaining portion for other two kids. Also the division should be done only after the divorce of Henry and as a gift so that he did not need to pay the tax.
In Jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend best reflects to how an individual interprets and reacts to tasks, resulting in different patterns of cognition, affect and behavior.
Answer: Loan
Explanation: In simple words, loan refers to lending of money by one entity or a group of entities to some other party. The individual or organisation taking the loan have to repay it in installments in a specified period. The installment repaid is a sum of principal and the interest charged.
In the given case, Lois borrowed money from a bank and is liable to repay that loan within a specified time period.
Hence from the above we can conclude that the correct option is B.
