Different budgeting periods and explain each one

1 answer:

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Budgeting period is an allocation of time to plan for your money and how or where it's gonna be used. There are two types of budgeting period: Short term and Long term.

Short-term Budgeting period

This budgeting period covers from 6 months to a year, depending on the nature of the business. For seasonal businesses, it should cover at least one seasonal cycle. For wholesale and retail businesses, 6 month is enough.

Long-term Budgeting Period

This covers more than a year of operating. It focuses on the futuristic performance of a business or company. Factors used are market trends, economic growth, inflation rates and industrial production. These factors help foresee profit or problems that may arise. Consequently, this will also help you in your present decisions.

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Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

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An organization looking for general agreement on ethical practices might take what step?

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An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

<h3>What is establish an ethical code of conduct?</h3>

Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.

This code of conduct enables us to know the organization norms and values as well what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.

The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.

Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>

Learn more about establish an ethical code of conduct here:brainly.com/question/28465686

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Workplace communication can suffer when individuals

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Lack communication, ignorance, bad behavior

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Rocoe Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associ

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Answer:

Explanation:

Overhead allocation:

Unit level = $35,960/5800 * 480 = 2,976

Batch level = 13,052/260 * 27 = 1355.4

Product level = 3,988*40% = 1595.2

Facility level = 45,600/38,000 * 12,000 = 14,400

Total overhead allocated 20,326.6

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