Answer:
The correct answer would be option A, Setting up a budget for them.
Explanation:
CCCS stands for Consumer Credit Counseling Services. The Consumer Credit Counseling Services provide a set of services to the clients which may include the financial education, budgeting assistance, debt management plans, etc.
The consumer credit counseling services aids families by setting up a budget for them. They formulate a plan for how to spend their money on things. They formulate a budgeting plan for the families to take the best and greatest advantage of their money.
Answer: Synergy
Explanation:
Synergy can be defined as a state in which two or more things work together in a particularly way that produces an effective result.
Synergy involves bringing so many parts together to achieve results.
Synergy refers to the achievement produced as a result of combined action or co-operation.
The results produced by synergy might be multiple of actions or skills directed to the event in a positive way.
Answer:
A
Explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
Security A : 11 = 1( 1 + r)^15
11^(1/15) = 1( 1 + r)
1.173 = 1 + r
r = 1.173 - 1
r = 17.33%
Security A : 16 = 1( 1 + r)^15
16^(1/15) = 1( 1 + r)
1.20 = 1 + r
r = 1.2 - 1
r = 0.2
r = 20%
Security B earned a higher average annual rate of return as 20% is greater than 17.33%
Answer:
From maintenance to department B will be allocated 85,333 dollars
Explanation:
We distribute maintenance over personnel and operating and then,
we distributed the accumulated in personnel over the operating department:
![\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccccc%7D%26Maintenance%26Personnel%26Dep%20A%26Deb%20B%5C%5C%24maintenance-hours%26%26800%26960%26640%5C%5C%24employes%26%26%26160%26480%5C%5C%24Direct%20%5C%3A%20Cost%26320%2C000%2680%2C000%26160%2C000%26240%2C000%5C%5C%24Allocate%20A%26-320%2C000%26106%2C667%26128%2C000%2685%2C333%5C%5C%24Subtotal%26%26186%2C667%26288%2C000%26325%2C333%5C%5C%24Allocate%20J%26%26-186%2C667%2646%2C667%26140%2C000%5C%5C%24Total%26%26%26334%2C667%26465%2C333%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<em><u>For the given question it would be:</u></em>
total maintenance-hours: 800 + 960 + 640 = 2,400
<u>allocation of maintenance:</u>
320,000 x 640/2400 = 85,333
