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Julli [10]
3 years ago
7

Select the incorrect statement regarding flexible budgets. Multiple Choice Flexible budgets often show the estimated revenues an

d costs at multiple volume levels. A flexible budget is used to compare actual to budgeted amounts. A flexible budget is also known as a master budget. Standard prices and costs are used in preparing a flexible budget.
Business
2 answers:
AleksandrR [38]3 years ago
6 0

Answer:

Option C is the correct answer..

A flexible budget is also known as a master budget is incorrect

Explanation:

A master budget is a term used for aggregation of all budgets prepared by all divisions.

Ahat [919]3 years ago
6 0

Answer:

A flexible budget is also known as a master budget

Explanation:

A flexible budget is that which is prepared to reflect the actual activity level achieved.

It is useful for a control purpose; to compare the actual result to the expected performance. The expected performance is the the flexible budget which is  a revised master budget.

Also it uses the assumptions of the static budget like standard costs and prices.

The incorrect statement is that a flexible budget is also known as  a master budget.

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liq [111]

Answer:

A. Set meters is the correct answer.

Explanation:

4 0
3 years ago
High SchoolBusiness 5 points
lidiya [134]

Answer: The aspect of the <u>SMART</u> goal that is missing is <u>Deadlines or Target date.</u>

Explanation:

Here <u>SMART</u> is abbreviated as <u>S</u>pecific, <u>M</u>easurable, <u>A</u>ttainable, <u>R</u>esult oriented and <u>T</u>ime bound. The aspect of the time bound has not been included in this respective scenario.

7 0
3 years ago
How would you build a culture of quality in an organization such as arnold palmer hospital?
77julia77 [94]

Explanation:

An organizational culture must be based on values ​​of integrity, ethics and reliability. Through these values, organizations achieve several benefits that directly impact the internal and external environment.

Integrity can be understood as the company's non-negotiable values, such as compliance with legal and human requirements that protect its employees and customers.

Ethics must be applied to all organizational processes and in all hierarchies, the relationship between boss and employees, as well as with suppliers and customers must be based on ethical values ​​that promote equality, respect and security of the rights of each individual.

And reliability is achieved through good practices in society and well-established values, which demonstrate good corporate governance and socio-environmental development practices.

In a hospital, for example, it is necessary for the organizational culture to be based on excellent service, in addition to effective communication, reliable professionals, quality equipment, problem solving staff, hygiene, etc., which are values ​​that demonstrate the values ​​and commitment of the institution with patient health and public service.

6 0
3 years ago
Reunion BBQ has $4,000,000 of notes payable due on March 11, 2017, which Reunion intends to refinance. On January 5, 2017, Reuni
Leya [2.2K]

Answer:

$500,000 of notes payable as short-term and $3,500,000 as long-term obligations.

Explanation:

Short term liabilities are those liabilities which need to be paid within one year time and Long term liabilities are those liabilities which need to be paid after one year time.

In this question $4,000,000 of note payable with refinancing of $3,500,000 in following month after year end which means that the a payment of $500,000 ($4,000,000 - $3,500,000) is required in the following months. So, $50,000 will be short term liability and renewed fiance of $3,500,000 long term liability.

3 0
3 years ago
Sarah is now in the Singapore airport and has 6000 Singapore dollars in her pocket. Sarah is next going to the Czech Republic an
timurjin [86]

Answer:

98,760 Czech korunas for 6,000 Singapore dollars

Explanation:

For computing the number of Koruna she is able to exchange first we have to determine the Singapore dollar exchange rate in Czech koruna which is

= Singapore dollar exchange rate ÷  Czech exchange rate

= 0.790 ÷ 0.048

= 16.46

And, there are 6,000 Singapore dollars in her pocket

So, the number of Koruna she is able to exchange  is

= 16.46 × 6,000 Singapore dollars

= 98,760 Czech korunas for 6,000 Singapore dollars

6 0
3 years ago
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