1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pani-rosa [81]
2 years ago
11

Sales this year at Donna's Pawn Shop have been high, and based on several factors, Donna projects next year's sales to also be g

ood. However, even with her forecast of continued strong sales, Donna and her business partner need to develop a plan in case sales drop unexpectedly. ________ is the type of planning for alternative future conditions.
Business
1 answer:
nalin [4]2 years ago
4 0

Answer: Contingency planning

Explanation: In simple words, it refers to the planning for an upcoming event that may or may not occur in the future. This planning is usually done by organisation so that they can act accordingly if any problem in business operations occurs in future.

In the given case, even after having positive forecast, Donna is planning for future uncertainty such as unexpected stoppage on sales.

Thus we can conclude that this is the type of contingency planning.

You might be interested in
A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and paid out cash dividends of
snow_lady [41]

Answer:

Ending retained earning will be $433750

Explanation:

We have given beginning balance = $430000

Net income = $60000

Dividend paid = $56250

We have to find the ending balance

We know that ending retained earning is given by

Ending retained earning = beginning retained earning + net income - dividend paid

So Ending retained earning = $430000+$60000-$56250 = $433750

6 0
3 years ago
Brokerage firms make their profits primarily in which of the following ways? A) Consumer deposits. B) Government deposits. C) Di
Anastasy [175]
Brokerage firms make their profits primarily in : D. Fees commissions on sales or transfers

to put it simply, A brokerage firm is a financial institution that facilitates the selling process of stock/securities between the buyer and the seller. From each transaction that happen, a brokerage firm will receive a commission from its client.

hope this helps
5 0
3 years ago
Read 2 more answers
A CPA firm evaluates its personnel advancement experience to ascertain whether individuals assigned to increased degrees of resp
CaHeK987 [17]

Answer:

Supervision and review ( B )

Explanation:

supervision and review is part of a firm's policy used to check the results of its  previous actions or inaction  that will affect the growth and profitability of the business of the company .

Review is a way of evaluating the personnel advancement experience of the individuals given a certain task performed the given task excellently, while supervision is used to guide the individuals while they are actually carrying out the task and also to determine if they meet the predetermined criteria before being assigned to the task.    while professional ethics is the general standard set for every one regardless of the task you perform .

3 0
2 years ago
What is a career cluster
Nuetrik [128]

A group of careers that share common features.

4 0
2 years ago
Read 2 more answers
Portman Corporation has retained earnings of $675,000 at January 1, 2014. Net income during 2014 was $1,400,000, and cash divide
mafiozo [28]

Answer:

attached below

Explanation:

3 0
3 years ago
Other questions:
  • What is the difference between the supply and the quantity supplied of a product say milk?
    9·1 answer
  • Which of the following statements is true of the methods for allocating joint costs? The sales value at splitoff method allocate
    10·1 answer
  • The Art of Getting the greatest benefits from limited Financial Resources is called
    7·2 answers
  • Which of the following is not a classification of peripheral device?
    6·2 answers
  • You purchased 1,350 shares of stock in Natural Chicken Wings, Inc., at a price of $43.58 per share. Since you purchased the stoc
    5·1 answer
  • Your friend chooses the Graduated Repayment Plan. What assumption is he making about his future income?
    15·2 answers
  • Rorry Company uses a job cost system. Labor costs for the period were $21,000, of which $3,000 were indirect. The journal entry
    13·1 answer
  • Please answer the following questions.
    12·1 answer
  • Which statement best explains the law of demand?
    10·2 answers
  • Dunn Sporting Goods sells athletic clothing and footwear to retail customers. Dunn's accountant indicates that the firm's operat
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!