A group of detailed budgets and schedules representing the operating and financial plans for the future is called a(n) <u>master </u>budget.
<h3>Which budget is sometimes referred to as the master schedule budget?</h3>
The planning budget and static budget are other names for the master budget. Because it establishes the cost per unit and the anticipated volume of production and sales, it is known as the static budget.
The operating budget and the finance budget are the two main subcategories of the master budget. The projected balance sheet is the result of the financial budget's planning for the utilization of assets and liabilities. The operating budget produces a forecasted income statement and aids in planning future revenue and expenses.
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Answer:
Letter B is correct. <em>Organizational.</em>
Explanation:
Employee turnover is measured by an index that checks employee entry and exit rates in an organization. When the turnover rate is high it means that an organizational analysis should be performed to detect the possible causes of increased employee turnover.
It can be caused by situations related to organizational structure, such as failures in the selection process, unfavorable organizational climate that causes conflicts and demotivation, low benefits and compensation among others.
Answer:
The correct answer is C
Explanation:
HRM system is the system which is designed in order to automate the business process of human resource, compliance, transactions and payroll. This system allows the business to focus on the people through streamlining all the software workforce into the business intelligence solution.
Recruitment and selection is the procedure of identifying the requirement of job and defining the need of the position, advertising the position and selecting the appropriate person for the position.
Therefore, the recruitment and selection is the component of HRM system which uses the hiring procedure that comprise of testing and interviewing the professionals.
Answer:
$960,000
Explanation:
$1,000 (Monthly income x 30%)
$1,000 (3200 x 30%)
= $960,000
Answer & Explanation:
Depreciation a/c ...dr
Loss a/c .....dr
Charity a/c .. dr
To machine a/c
- Machine amount = Machine cost value (eg, lets suppose = 2,000,000)
- Charity amount = fair value of machine at time of donation = 1,4300,000. It is the amount that could have been otherwise received on machine sale, but is given as charity.
- Accumulated depreciation is the total depreciation on machine upto date (eg, lets suppose = 5,00,000)
- Loss = (Machine cost - accumulated depreciation) - current fair value
Eg: If cost = 2,000,000 & accumulated depreciation = 5,00,000. Machine value should be = 2,000,000 - 5,00,000 = 15,000,000. The fall in value from 15,000,000 to 1,430,000 = 70,000 is loss on machine disposal.