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Elis [28]
3 years ago
9

David, a middle-level manager in a graphic design firm, presents a detailed estimate of his team's budget and the approximate nu

mber of resources required for the next year. In this scenario, David has most likely contributed to developing the company's _____. a. strategic plan b. tactical plan c. single-use plan d. ad hoc plan
Business
1 answer:
Anit [1.1K]3 years ago
3 0

Answer:

b. tactical plan

Explanation:

David's production and presentation of a detailed estimate of his team's budget and the approximate number of resources required for the next year. is most likely contributed to developing the company's tactical plan.

A tactical plan contains and details steps that must taken and tasks that must be fulfilled on a daily, weekly, monthly, quarterly, or yearly basis; in order to achieve the goals from the strategic plan.

David's plan can not be referred  to as a strategic plan because it is just for one year while strategic plans are typically for longer, as they are very long term in nature.

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Mr. and mrs. chavez close on a 30 year home loan for $250,000. the monthly payment with no points is $1,580, but if they buy a p
dlinn [17]
The Chavez family has two options when applying a house loan for 30 years which is amounting to $250,000. First, the will not take the points with a monthly payment of $1580 while if they take the points, they will have a monthly payment of $1560. What they did was they did not buy the points and the reason for this was they are planning to sell the house after 5 years.
3 0
4 years ago
Read 2 more answers
Cox Co. accounts for its inventory using the LIFO cost method. An inventory loss from a permanent market decline of $360,000 occ
kirill115 [55]

Answer:

$360,000

Explanation:

Last in first out (LIFO) is a method used in inventory where the cost of most recently purchased goods is the one to be expensed first. Also current losses are the first to be reported.

An inventory loss incurred in a quarter must not be deferred, but recorded as items within an interim must be reported in the same period they were incurred, unless it can be redeemed before the end of the fiscal year. It is not considered a temporary item.

The loss reported in May will be reported for that quarter in June.

8 0
3 years ago
What are two ways to begin setting up a recurring transaction in quick books online
olasank [31]

Answer:

The two ways to begin setting up  a recurring transaction in quick books online are:

  1. Create a new transaction or
  2. Duplicate an existing one

Explanation:

Option One: To set up the transaction,

  1. Click on settings (It's an icon that looks like a gear)
  2. From Lists, click on “Recurring Transactions”
  3. Then select “New”
  4. Select a transaction type to be created, and press “OK”
  5. The next step is to name your template then,
  6. Choose a Type of Transaction. The options are "Scheduled", "Unscheduled" and "Reminder".

Finally, enter the necessary information and Save the Template.

Option Two:

Create templates more quickly by duplicating existing templates.  This is a quicker way of setting up transactions.

  1. Go to Settings
  2. From Lists, select "Recurring Transactions".                      

Click on the appropriate template, then select the Action column drop-down menu and select Duplicate. All settings will be inherited by the duplicate copy except the caption.

Cheers!

6 0
4 years ago
On June 1 a company purchased a one-year insurance policy for $1,800 with coverage starting immediately. If the purchase was rec
Alenkinab [10]

Explanation:

The adjusting entry is shown below:

Insurance expense Dr $1,800

       To Prepaid insurance $1,800

(Being the insurance expense is recorded)

For recording the adjusting entry for advance purchase of insurance policy we debited the insurance expense and credited the prepaid insurance account so that the correct posting could be done

8 0
4 years ago
What could explain why South​ Korea's gross domestic product​ (GDP) per capita increased so much faster since the 1970s than Nor
ira [324]

Answer:

D

Explanation:

Per capita GDP measures the standard of living of the people in a country. The higher the Per capita GDP, the higher the standard of living

Per capita GDP = GDP / population

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

South Korea operates a market economy compared with North Korea. A market economy leads to greater efficiency in production when compared with a command economy.

A market economy is an economy where production decisions are made by the forces of demand and supply. there is no intervention of the government in production decisions

Characteristics of a market economy

• Private ownership of means of production

• freedom of choice. Producers are free to produce what they desire

• competition among producers

• no government intervention.

A command economy is an economy where production decisions are made by the government.

4 0
3 years ago
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