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3 years ago

All of the following are guidelines for budgeting except:

Business

1 answer:

Serhud [2]3 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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What is a brand promise?

Burka [1]

Usually, a brand promise is some sort of statement said by an organization to its consumers, or customers, stating what the customers may expect from their product(s) and/or service(s).

Hope this helps!

5 0

3 years ago

Jeremiah Corporation purchased debt securities during 2021 and classified them as securities available-for-sale: Security Cost F

grin007 [14]

Answer: $0

Explanation:

Available-for-sale securities simply refers to the debt securities that are bought but with the intention that they'll be sold before they mature. They're typically reported at their fair value.

The gain that will be reported by Jeremiah Corporation in the December 31, 2021, income statement relative to the portfolio is $0. This is because for available-for-sale securities, there'll be no reports on holding gains or losses incurred.

4 0

3 years ago

File:///C:/Users/DAVIS/Downloads/560bfbbee4b07d4dde92ebf8-airforce2be-1443626318200-aaf2l_project2_wr%20(1).pdf

kodGreya [7K]

JEBBERZ that link isn't even clickable

3 0

3 years ago

f interest rate parity (IRP) exists, then triangular arbitrage will not be possible. A. true. B. false.

Levart [38]

Answer:

A. True

Explanation:

Arbitrage refers to a situation wherein a gain is made owing to price discrepancy or unevenness in two markets. The rule for arbitrage is to buy from the markets where price is less and sell in the markets where price is higher.

Triangular arbitrage occurs wherein 3 different currencies are involved and the exchange rates are not uniform i.e a discrepancy exists and interest rate parity does not hold true.

Interest rate parity refers to the concept wherein the disparity between two currency exchange rates is adjusted by the respective interest rates of the two countries. When interest rate parity exists, no arbitrage is possible as markets are fairly priced.

3 0

3 years ago

Patrick Corporation is authorized to issue 1,000,000 shares of $1 par value common stock. During 2014, the company has the follo

gavmur [86]

Answer:

cash 4,900,000 debit

common stock 700,000 credit

additional paid-in 4,200,000 credit

in excess of Par-value

treasury stock: 360,000 debit

cash 360,000 credit

dividends 340,000 debit

dividends payable 340,000 credit

Explanation:

cash proceeds: 700,000 x 7 = 4,900,000

common stock: 700,000 x 1 = 700,000

additional paid-in: (difference) 4,200,00

treasury stock: 20,000 x 18 = 360,000

outstanding shares: 700,000 - 20,000 = 680,000

cash dividends: 680,000 x 0.50 = 340,000

6 0

3 years ago