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Arlecino [84]
3 years ago
6

The practice of preparing budgets for each of several future periods and revising those budgets as each period is completed, add

ing a new budget each period so that the budgets always cover the same number of future periods, is called:
Business
1 answer:
alexandr402 [8]3 years ago
6 0

Answer:

The answer is continuous budgeting.

Explanation:

This(continuous budgeting) is a method of preparing budgets for future periods(example periods can be monthly, quarterly etc.) revisiting them during current periods, and making adjustments at the end of the period. It is also known as rolling budget.

The advantages are:

1. It helps in reducing the uncertainty of budgeting.

2. It helps the management to know where the company is moving in terms of sales and profitability.

Disadvantage:

1. It is time consuming.

You might be interested in
Emerald Corporation, a calendar year C corporation, was formed and began operations on April 1, 2018. The following expenses wer
Lorico [155]

Answer:

Emerald’s deduction for organizational expenditures is = $4550

Explanation:

given data

Expenses of temporary director and organizational meeting is = $27,000

Fee paid to state of incorporation = 1,000

Accounting services incident = 15,500

Legal services = 9,500

Expenses incident printing and sale = 6,000

to find out

Emerald deduction for organizational expenditures

solution

first we get here total Qualifying organizational expenditures that is

total Qualifying organizational expenditures  = $27,000 + $1,000 + $15,500 + $9,500

total Qualifying organizational expenditures  = $53000

and Immediate expensing will be as

Immediate expensing = $5000 - ($53000 - $50000)

Immediate expensing = $2000

so now we get here Emerald Corporation deduction under §248 for 2018 is

Amortization = \frac{$53000-$2000}{180} × 9  

here tax in year = 9 month

Amortization = $2550

Emerald’s deduction for organizational expenditures is = $2550 + $2000

Emerald’s deduction for organizational expenditures is = $4550

3 0
3 years ago
PLEASE ANSWER QUICKLY! Write a short paragraph describing the benefits of arriving on time to work and work-related meetings.
andreev551 [17]

Answer:

HOW CAN YOU BE LIKE THIS

Explanation:

NOT CARING FYI IM MAD AND UPSET

5 0
3 years ago
Deepak's team is in charge of conducting a review of their company's waste/mistake prevention policies and procedures. Part of t
lord [1]

Answer:

True

Explanation:

Although the business segments related to waste management and information systems may seem irrelevant at start, these two are often intertwined.

In order to successfully forecast the future of waste prevention and management, managers should take into consideration IS and their benefits. For example, how can a new IS that is scheduled for implementation next year affect the existing, real-time waste management system? Can the existing process be automatized and simplified with the aid of the IS?

Therefore, it is needed to include the IS aspect in the waste prevention policy review.

5 0
3 years ago
Hugh has the choice between investing in a City of Heflin bond at 6 percent or investing in a Surething bond at 9 percent. Assum
Nata [24]

Answer:

Rate of interest = 6/60% = 10%

Explanation:

Net rate of bonds after tax will be = Rate of interest X (1 - Tax)

Heflin bond = 6% X (1 - 40%) = 3.6%

Surething Bond = 9% X (1 - 40%) = 5.4%

Since both bonds provide interest and Surething provides more than Heflin

then in order to make both incomparable Surething can decrease the rate of interest to that of Heflin so that Hugh remains indifferent will be 6%

In case there is no tax on Heflin Bond, as Hugh is in 40% marginal tax bracket, then net interest = 6 %

But for Surething Hugh will have to pay tax then after tax value of interest shall be 6% i.e. 6% = 1 - 40%

Rate of interest = 6/60% = 10%

Surething needs to pay Interest @10% on bonds. to make Hugh indifferent of both the bonds.

6 0
3 years ago
A noise level of 95 db is __ than the lowest level at which hearing protection is required (85 db), and your exposure should be
ser-zykov [4K]
higher

95 dB is the value of noise intensity at which it is mandatory to wear ear protection by health and safety standards. Moreover, exposure to such levels of noise should not be for more than 6 hours per day. This limit is imposed due to the fact that high levels of noise can cause problems such as hypertension and progressive hearing loss.
3 0
3 years ago
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