Answer:
c. exists in unlimited quantities
Answer and explanation:
The best option for the unrelated individuals in the case would be to <em>open an account under the name of the person interested in actively investing but that person should a third-party trading authorization</em> so the other person can also have access to the account and place trades. All tax responsibility will lay on the primary account holder as well as all formal implications related directly to the brokerage account.
<span>A and b are substitute goods, but a and c are complementary goods. If the cost of producing a decreases, then the demand for B will decrease and the demand for C will increase. The demand changes due to price and substitutes. If something is a direct substitute of something else and the demand for the item is the same and one is cheaper, the demand for the cheaper, same item will remain constant. </span>
Answer:
a. Budgets are detailed forward-looking financial reports based on expected income and expenses.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.
The final step by the management of an organization in the financial decision making process is making necessary adjustments to the budget.
The benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.
It is typically used by various organizations or companies due to the fact that, it's tied directly to the strategy and tactics of a company on an annual basis. Also, it is used to set a budget for marketing efforts while anticipating on informations about the company.
Answer:
E. Compensation
Explanation:
Compensation method is an effective technique in businesses to clarify problems and justify decisions between managers and employees. In the current scenario, Wynette is using the compensation method to clarify and justify her purchase decision. She is giving different reasons why she chose an expensive printer over others; this is a compensation method because it will help her to justify her decision.
