True. Zero-based budgeting assumes that all funding allocations must be justified from zero each year. The goal in a zero-based budget is to have the income minus the expenses of the business equal zero.
Autocratic. An autocratic management style is one where the executive creates resolutions separately and without concern for even the most brilliant and knowledgeable persons under his authority. There are two types of autocratic or tyrannical leaders; A command autocrat that establishes judgement individually and mini-manages subordinates.
Answer:A. Handling money in trust for clients.
Explanation: A broker is a third party who has been instructed by his or her principal to take certain actions or place certain roles on his or her behalf. Brokers are agents who maintain a fiduciary relationship with their clients.
The brokers are not expected to work outside of the terms of agreement between them and their principal or client,doing so will amount to certain penalties by the regulating bodies.
Answer:
The correct answer is unwillingness of borrowers to obtain loans from banks to invest in factories or expansion of the firm.
Explanation:
Solution
<em>Given that:</em>
Leakage problem occurs or happens within an economy when the money goes out of the economy, which leads to a loss in the economic value of goods and services, and also leads to loss in profits making.
This would lead to an unwillingness of borrower's to obtain loans from banks in the expansion of the firm or to invest in factories.
The answer to your question is False :)
