All categories

2 years ago

An extremely important use of reports of actual results versus budget projections is:

Business

1 answer:

Irina18 [472]2 years ago

8 0

The answer is<u> "Identifying potentially troublesome areas so that corrective action can be taken".</u>

A budget report is an inward report utilized by the board to think about the assessed, planned projections with the real performance number accomplished amid a period.

Budgeting and financial forecasting are devices or tools that organizations use to build up an arrangement of where the executives needs to take the organization and whether it's going the correct way. Albeit budgetary determining and planning are frequently utilized together, there are particular contrasts between the two.

You might be interested in

You are considering in investing one of the two options: Investment A requires a $255,000 upfront payment from you and generates

Ainat [17]

Answer:

Option (E) Never

Explanation:

NPV from Investment Project 1 = ($255,000) + $21,000 / (r)

NPV from Investment Project 2 = ($175,000) + $29,000 / (r)

The question says that find the number of years that equals the total return which means the NPV from both investments is equal:

($255,000) + $21,000 / (r) = ($175,000) + $29,000 / (r)

$21,000 / (r) - $29,000 / (r) = $255,000 - $175,000

-$8000 / r = $80,000

r = - 8000 / 80000 = -0.01 = - 10%

The negative sign shows that project A can not make a positive NPV that will be equal to that of project B and vice versa. It can also be illustrated by putting the value of r in "NPV from Investment Project 1"

NPV from Investment Project 1 = ($255,000) + 21000 / -0.01

= ($255,000) - $210,000 = ($465,000)

This shows that the company will have to make losses of $465,000 which is not possible because company will not select projects with negative NPVs.

3 0

3 years ago

Sebastian Wayne's filing status is married filing jointly, and he has earned gross pay of $3,940. Each period he makes a 401(k)

Artist 52 [7]

Answer:

Social Security Tax = $ 244.28

Medicare tax = $ 57.13

Explanation:

Social Security Tax: $3,940 x 6.20% = $244.28

Medicare tax: $3,940 x 1.45% = $ 57.13

4 0

3 years ago

Jaune Magazine (JM) must decide whether or not to publish a tell-all story about a celebrity. If the story ends up having major

Nataliya [291]

Answer:

The correct option is A, risk averse

Explanation:

Risk aversion is a situation where a person undertaking a business or an investor tries as much as possible to limit exposure to losses by taking drastic steps to ensure the losses do not materialize.

The publisher in this case is conscious of facing the lawsuit that could result from publishing story and has taken a precautionary measure by not even venturing into the publishing ,let alone a lawsuit with substantial amount in damages rears its ugly head.

A risk seeking investor would go ahead with the publishing since success could bring a juicy income

3 0

2 years ago

________ was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing hi

Sauron [17]

Papal was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing his or her financial information for online purchases.

A bank is a financial institution that has the authority to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.

The function of banks is to collect deposits from the public and lend them for the development of agriculture, industry, commerce, and commerce. Banks pay interest to depositors at lower interest rates and receive interest on loans at higher interest rates.

Learn more about bank here:brainly.com/question/14368059
#SPJ4

7 0

1 year ago

Tom is responsible for a group of manufacturing assembly workers who report to him. tom is a __________ manager.

jok3333 [9.3K]

Tom is a First line manager. First line managers are managers who are supervising the people who are in the manufacturing field, example of first line managers are foreman and shift heads. Their role is directly coordinate to the workers by assigning tasks, checking the quality of employees’ works, and giving heads up information to executive managers of the success and problems that arise in the company.

3 0

3 years ago