Answer:
The correct answer is letter "D": percent-of-sales method.
Explanation:
The percentage-of-sales method is the fastest approach to develop a budget based on the financial statements. Expenses are compared to the net sales as percentages to be applied in the sales level for the budgeted period. However, to compare expenses to the items in the budget, the expense must be correlated to the item causing an issue because fixed expenses cannot be linked with sales, for instance.
Answer: Production budget
Explanation:
The production budget is basically permit the organization for tracking the cost and all the production details that is required for the inventory necessary requirement of an organization.
The production budget is also known as the financial plan of the company for estimating the overall production budget by proper scheduling.
The one of the main factor of the production budget is the sales target as it basically calculated the total number of products that are manufactured in an organization.
Therefore, Production budget is the correct answer.
The more debt used, the greater the leverage a company employs on behalf of its owners.
<h3>
What is financial leverage?</h3>
Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.
<h3>What is financial leverage example?</h3>
An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.
Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.
To learn more about financial leverage refer to:
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Answer:
a career transition
Explanation:
In simple words, a career transition refers to the process under which an individual changes his or her job or profession etc. Such transition could be done by changing jobs in the same job sector such as one start selling pizzas instead of burgers. On the other hand, some individual changes their occupations drastically, for instance, a doctor starts a burger shop by arranging his or her own capital.