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Stells [14]
3 years ago
14

A manager cannot complain that the budget was unrealistic and impossible to meet when

Business
1 answer:
Bess [88]3 years ago
6 0
I would say that if the manager was consulted on the budget then he/she couldn't complain that it was unrealistic and impossible to meet and if they had any problems with it then they should have spoken up when the budget was being formulated.
You might be interested in
The statement of cash flows classifies all cash inflows and outflows into one of the three categories:
Svetach [21]

Answer:

1. Noncash investing and financing activities

2. A. Operating activities,

3. A. Operating activities,

4. C. Financing activities.

5. B. Investing activities,

6. C. Financing activities.

7. B. Investing activities,

8. B. Investing activities,

9. B. Investing activities,

10. C. Financing activities

Explanation:

All cash flows forthe operation of the company relates to the Cash flows from operating activites.

All the cashflows corresponding to the fixed asset are reffered as Cash flows from investing activites.

All the cash flows made for the funding of the company are known as Cash flows from Financing activites

4 0
4 years ago
The Federal Reserve's role as a lender of last resort involves lending to which of the following financially troubled institutio
Contact [7]

Answer:

U.S. banks that cannot borrow elsewhere.

Explanation:

In the United States, the Federal Reserve goes about as the lender of last resort to institutions that don't have some other methods for acquiring, and whose inability to get credit would drastically influence the economy.

8 0
4 years ago
Which of the following accounts allows full access to the system, while accessing other systems on the network? Local Admin acco
Aleks [24]

Answer:

Local Service account

Explanation:

The option of the accounts that allows full access to the system, while accessing other systems on the network is the Local Service account.

The Local System account is a predefined local account that is accessed by the service control manager and It has <u>extensive privileges on the local computer, and acts as the computer on the network</u>.

3 0
3 years ago
A project has been assigned a discount rate of 12 percent. If the project starts immediately, it will have an initial cost of $4
victus00 [196]

Answer:

The value of the option to wait is $0.70,option A.

Explanation:

In calculating the value of the option to wait,I discounted all cash flows under both alternatives, using the discount rate of 12% as given in the question.

Option to start now gives net present value(positive return ) of $360.64 while the other one gives $361.34,invariably option to wait one year gives $0.70($361.34-$360.64) more than the option to start now.

The formula used in the calculating present value is PV=FV(1+r)^n

Where PV=present value

FV=future value

r=rate of interest

n=number of year

Find attached spreadsheet for detailed calculations.

7 0
3 years ago
Leon and Heidi decided to invest ​$3,500 annually for only the first seven years of their marriage. The first payment was made a
raketka [301]

Answer:

FV= $1,309,832.57

Explanation:

Giving the following information:

Annual investment (1 to 7)= $3,500

Interest rate= 9%

<u>First, we need to calculate the future value of the annual deposit using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {3,500*[(1.09^7) - 1]} / 0.09

FV= $32,201.52

<u>Now, the value when they are 70:</u>

Number of periods= 70 - 27= 43

FV= PV*(1+i)^n

FV= 32,201.52*(1.09^43)

FV= $1,309,832.57

8 0
3 years ago
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