Answer:
Yes, it is very much true that making decisions often involve both financial and non-financial factors. There are some situations in life where we have to consider both of them in order to make a valid or correct decision. For example, when we are buying a laptop, we will definitely consider its price and other specifications like, hard drive space, ram, but we will also consider its style, design and color as well not only price. In another case, when we have to choose between three jobs. One job offers $10000 per month in New York city, while other is offering $15000 in London and third one in China offering $18000. I love to live in New York city which is quite near to my hometown as well but it is offering me the less salary as compared to the other 2 options, I have to do a trade-off here. I will go for opting New York's job in $10000, I will not considering money factor here because I will be more comfortable in this city as many of my family members and friends live here, hence, sometimes both financial and non-financial factors matter when we have to make a decision.
Bragmore should lend his spare pair of goggles to his primary competitor Aprince and should play fair.
<u>Explanation:</u>
Winning is very important in a competition but more than winning what matters more is playing fair and playing hard to compete with your competitors where every one is given equal chances to show their strength and capabilities.
Even though not giving goggles to his primary competitor will increase the chance of Bragmore to win the race easily and he will win the cash prize but that would not be a fair fight. So he should fight giving equal opportunities to his competitor also and give his spare goggles to his competitor.
Answer: $51
Explanation:
A, B, C, D, E, F, G were purchased for $2.50 per letter which means they cost;
= 7 * 2.50
= $17.50
H to L were purchased at $4.50 per letter which means they cost;
= 5 * 4.5
= $22.50
M to R were purchased at $5.50;
= 6 * 5.5
= $33
Total inventory cost = 17.50 + 22.50 + 33 = $73
Inventory sold = 2.5 + 2.5 + 2.5 + 4.5 + 4.5 + 5.5
= $22
Ending Inventory = Total inventory - inventory sold
= 73 - 22
= $51
Answer:
A reduction of top management's control of the budget process to one of oversight.
Explanation:
Budgeting can be defined as a financial plan which helps different organizations in the control of their various revenues. Budgeting can also be described as a forecast of how much a company expect to sell and also how much they expect to spend on various costs.
Advantages of budgeting include:
- It helps an organization to achieve their objectives and goals.
- It helps businesses to decide on essential areas to channel their resources to.
Disadvantages of budgeting include:
- a budget may be inaccurate because it is prepared on the basis of assumptions.
- it is expensive and consumes a lot of time.
Answer:
D
Explanation:
A good story angle attracts attention
