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3 years ago

Which of the following management responsibilities often involves evaluating the results of operations against the budget?

Business

1 answer:

gayaneshka [121]3 years ago

3 0

Answer: (C) Controlling

Explanation:

The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.

The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.

According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.

Therefore, Option (C) is correct.

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Both you and your older brother would like to have $28,500 in 14 years. Because of your success in this class, you feel that you

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How much less than your brother will you have to deposit today is $1,820.78.

First step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.105)^14

Present value= $28,500 ÷ 1.105^14

Present value= $28,500 ÷ 4.04642869977

Present value=$7,043.25

Second step

Future value = Present value × (1 + interest rate)^number of years

$28,500 = Present value × (1 + 0.087)^14

Present value= $28,500 ÷ 1.087^14

Present value= $28,500 ÷3.21524163645

Present value=$8,864.03

Third step

Deposit today=-$8,864.03-$7,043.25

Deposit today= $1,820.78

Inconclusion how much less than your brother will you have to deposit today is $1,820.78.

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Cost plus pricing is when a certain percentage is added to the costs to come up with the final price. This ensure that the company covers all the costs and then earns a certain percentage of gross margin.

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Read 2 more answers

Which of the following management responsibilities often involves evaluating the results of operations against the​ budget?

Which of the following management responsibilities often involves evaluating the results of operations against the budget?