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Arisa [49]
4 years ago
5

The method of developing budget estimates that requires managers to estimate sales, production, and other operating data as thou

gh operations are being started for the first time is __________ budgeting. a.flexible b.continuous c.zero-based d.master
Business
1 answer:
postnew [5]4 years ago
7 0

Answer:

c

Explanation:

Zero-based budgeting is a method of budgeting in where expenses must be justified for each new period. It requires managers to estimate sales, production, and other operating data as though operations are being started for the first time

The master budget is the sum of all budget made by lower levels in the organisation.

Continuous budgeting is the process of expanding the budget by adding one more month as each month goes by.

A flexible budget is a budget that changes to the activity  levels of a the organisation

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Harry is selling his rare coin collection through Marshall Auction House. Harry will not sell the collection for less than $300,
Ivahew [28]

Answer:

C) Auction with reserve.

Explanation:

During an auction with reserve if the auctioneer is not able to reach a minimum price set by the owner of the objects that are being auctioned, then the owner has the right to withdraw his objects. Usually the reserve price is set before the auction takes place but may be changed during the auction depending on the actual bids. The reserve price is commonly not disclosed to the bidders in an auction.

4 0
3 years ago
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ahrayia [7]

Answer:

haha lol

Explanation:

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4 0
3 years ago
You record the debit entry for transaction (B) 5/2 in the journal as Date Description Debit Credit A. May 2 A/P—Craft Bank 3,500
vlabodo [156]
C. May 2 Equipment—Store 3,500.00
Just took the test
4 0
3 years ago
Read 2 more answers
A national survey conducted in 2011 among a simple random sample of 1,507 adults shows that 56% of americans think the civil war
kifflom [539]

Answer:

Null : x = 0.56 ; Alternate : x < 0.56

t = (x - 0.56) / (s / √n) : If < tabulated t at α =0.05 , null hypothesis  accepted

If t > tabulated t at α =0.05 , alternate hypothesis is accepted

Explanation:

Hypothesis Testing is used to test the statistical validity of a statement. Null Hypothesis is the neutral hypothesis, signifying equality to the tested value. Alternate Hypothesis is the contradictory hypothesis, signifying deviation from the tested value.

To test 'Proportion of people giving importance to civil rights in american political life' : Let these proportion be = x

<u>Null</u> Hypothesis (H0) : x = 56% = 0.56

<u>Alternate </u>Hypothesis (H1) : x < 56 % , i.e x < 0.56

't' statistic is calculated based on sample : ( x' - u ) / (s / √n)

where : x' = sample mean , u = population hypothesised mean = 0.56 , s = sample standard deviation , n = sample size

If this calculated 't' < tabulated 't' at significance level α =0.05 ; null hypothesis is accepted. It implies average people thinking as mentioned = 56 % (majority)

If this calculated 't' > tabulated 't' at significance level α =0.05 ; alternate hypothesis is accepted. It implies average people thinking as mentioned < 56% (not majority)

4 0
3 years ago
On November 1, 2021, Aviation Training Corp. borrows $46,000 cash from Community Savings and Loan. Aviation Training signs a thr
emmainna [20.7K]

Answer:

<u>Record the issuance of note. </u>

November 1, 2021

Dr.   Cash                   46000

Cr.   Note Payable     46000

<u>Record the adjustment for interest.</u>

December 31, 2021

Dr.   Interest Expense    460

Cr.   Interest Payable     460

(46000*6%)*3/12 = 460

<u>Record the repayment of the note at maturity</u>

Dr.   Note Payable     46000

Dr.   Interest Payable     460

Dr.   Interest Expense    230

Cr.   Cash                    46,690

(46000*6%)*1/12 = 230

Explanation:

* At the year end the interest expense is accrued and recorded as interest payable.

4 0
3 years ago
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