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Licemer1 [7]
4 years ago
11

Plans that identify costs and expenses under each manager's control prior to the reporting period, typically based on the flexib

le budget approach, are called:
Business
1 answer:
Aleks04 [339]4 years ago
6 0
There are several plans that can be used which are: -the managerial accounting systems, -the responsibility accounting systems, and -the responsibility accounting budgets. These plans can be used for identifying costs and expenses under each manager's control prior to the reporting period. These plans are made to measure the effectiveness and the efficiency of each manager works.
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Data collected by a company to solve a specific research problem is called _____________.
elena55 [62]

Answer:

Primary data

Explanation:

Primary data is information collected by a researcher from the field for the first time. The tools used to collect primary data are designed to address a particular problem. Consequently, the gathered information will be relevant to solving the problem at hand. Primary data is first-hand information and is collected using questionnaires, surveys, and interviews.

Secondary data is information that had been collected previously for other purposes but was found useful in another study.

8 0
3 years ago
When a monopolist switches from charging a single price to perfect price discrimination, it reduces the quantity produced. the f
DerKrebs [107]
<span>When a monopolist switches from charging a single price to perfect price discrimination, it reduces the consumer surplus.  Consumer surplus is defined as the difference between what a consumer believes they should pay for a good or service and the total amount that they actually do pay. The amount they pay is known as the market price and what they are willing to pay is noted on the demand curve. </span>
7 0
3 years ago
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
lakkis [162]

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.  

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.  

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.  

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.  

6 0
3 years ago
Casey, an agent for a large multi-line insurance company, wants to direct his AML compliance focus on those products that presen
N76 [4]

FinCEN regulations often  impose AML compliance program requirements and SAR obligations on insurance companies. This focus would include all of the following products EXCEPT  personal liability insurance.

<h3>Insurance Rules</h3>

The insurance regulations is known to apply only to insurance companies. The the insurance company is held accountable for the conduct and effectiveness of its AML compliance program.

The purposes of an AML compliance program, includes:

  • A permanent life insurance policy.
  • Any annuity contract,
  • Any insurance product with features of cash value or investment etc.

Learn more about Insurance from

brainly.com/question/25855858

7 0
3 years ago
Consent of the client before completion of a trade made between the firm and a client must be made when A) an investment adviser
Nina [5.8K]

Answer:

A)  an investment adviser will be acting in the capacity of a principal

Explanation:

In case when the consent of the client made prior to completing the trade among the firm and client is made when the investment advisor would be acting as a principal i.e he has a capacity to act as a principal

Therefore in the given situation,  option A is correct and the same is to be considered

hence, all other options are incorrect

5 0
3 years ago
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