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babymother [125]
2 years ago
5

When is a budget considered to be balanced??

Business
1 answer:
velikii [3]2 years ago
7 0
<span>A budget is said to be balanced when total revenues are equal to, or greater than total expenditures; i.e when there's no budget deficit. Budget deficit, by contrast, is the result of expenses toppling revenues. Revenue is the income a business, company, or government generates from its normal or tax activities, also referred to as a turnover; while expenditures is cost incurred or required for something, say a project. When the budget has nothing to offset, or when there's a budget surplus i.e when revenues exceed expenses, then the budget is said to be balanced.</span>
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Kentucky Fried Chicken, with 18,875 stores in 118 countries and territories around the world, changed their recipe (the spicines
Norma-Jean [14]

Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.

<h3>What is new product development?</h3>

A new product development refer to a firm process of bringing in a new product to the marketplace.

In conclusion, the development of new product helps in potential worldwide distribution.

Read more about product development

<em>brainly.com/question/7285931</em>

4 0
1 year ago
When an organization develops integrated manufacturing systems such as advanced 10) manufacturing technology and just-in-time in
max2010maxim [7]

Answer: (E) Strategic human resource management.

Explanation:

 The strategic human resource management is one of the organization practices that developed various types goals, objective and the strategy of the human resource management.

The main aim of the human resource management is that it develop the organization culture, rewarding, innovation and also provide the advance flexibility.

They make the organization more stronger and effective by find out the talented employees and it is also known as the support system of an organization.

Therefore, Option (E) is correct.

8 0
3 years ago
Suppose VS's stock price is currently $20. A six-month call option on VS's stock with an exercise price of $15 has a value of $7
lutik1710 [3]

Answer: $1.43

Explanation:

To solve this, we would use the put call parity. We then calculate the value of the out which will be:

= $7.14 + $15/(1 + 5%) - $20

= $7.14 + $15/(1 + .05) - $20

= $7.14 + $15/(1.05) - $20

= $7.14 + $14.29 - $20

= $1.43

The price of an equivalent put option is $1.43

3 0
2 years ago
Advantage of pencil​
Arisa [49]

Pencils offer a great versatility – here are some obvious benefits: pencils are cheap writing utensils. there are various hardness degrees for different areas of use (see above) you can get pencils nearly everywhere.

4 0
3 years ago
Read 2 more answers
Matt Company uses a standard cost system. Information for raw materials for Product RBI for the month of October follows: Standa
Troyanec [42]

Answer:

$100 favorable

Explanation:

The computation of the material purchase price variance is shown below:

= Actual Quantity purchased × (Standard Price - Actual Price)

= 2,000 pounds × ($1.60 - $1.55)

=  2,000 pounds × $0.05

= $100 favorable

Simply we took the difference between the standard and the actual price, and then multiply it by the actual quantity purchased

6 0
3 years ago
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