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4 years ago

All of the following are guidelines for budgeting except:

Business

1 answer:

Serhud [2]4 years ago

8 0

Answer:

B. participatory approach budgets should be prepared using a top-down approach

Explanation:

Option A is incorrect because it is one of the significant guidelines for budgeting.

Option C is a budgeting guideline which helps to differentiate the actual and budgeted amounts.

Option D is an important element to attain the objectives through budgeting. Therefore, it is incorrect.

Option B is the answer as there is no option to prepare the budget using a top-down approach.

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3 years ago

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3 years ago

Since the Troy Division also sustained an operating loss in the prior year, Rice's president is considering the elimination of t

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Answer:

c. $30,000 lower

Explanation:

Missing word "Rice Corporation currently operates two divisions which had operating results last year as follows:

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Sales $600,000 $300,000

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Contribution margin 290,000 100,000

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Particulars Amount

Contribution margin $100,000

Less: Traceable fixed costs $70,000

Segment margin of Troy Division $30,000

The operating income would been $30,000 less without the segment margin contributed by the Troy Division. Hence, If the Troy Division had been eliminated at the beginning of last year, Rice Corporation's operating income for last year would have been $30,000 lower.

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3 years ago

Which of the following should you keep in mind when targeting high-level networkers on sites such as LinkedIn?

erastovalidia [21]

Answer:

The correct answer would be option A, You should only request a connection if you know the person.

Explanation:

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4 years ago

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Keith_Richards [23]

Wages because employees receive wages every week

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3 years ago

Read 2 more answers