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likoan [24]
3 years ago
13

Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl

anning?
a. She keeps changing her mind about her goals.

b. She is reviewing her goals and aligning the budget to work toward them.

c. Her needs keep changing, so she changes her monthly budget.

d. She is not satisfied with the monthly budget outcome.
Business
2 answers:
Tems11 [23]3 years ago
6 0

Answer:

The correct answer is letter "B": She is reviewing her goals and aligning the budget to work toward them.

Explanation:

Smart financial planning is the strategy by which individuals or corporations adjust their budgets according to the current situation they face. The adjustments are done as many times as necessary to accomplish the goals those individuals or firms have set.

In Christie's case, the reason why she adjusts her budget by the end of every month is that she needs to match her expenses with her objectives so she can reach them.

Virty [35]3 years ago
5 0

Answer:

What is her reason for doing this in terms of smart financial planning?

A.  

She keeps changing her mind about her goals.

<em><u>B.  </u></em>

<em><u>She is reviewing her goals and aligning the budget to work toward them. </u></em>

C.  

Her needs keep changing, so she changes her monthly budget.

D.  

She is not satisfied with the monthly budget outcome.

Explanation:

#platofam

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4 0
3 years ago
EBook
attashe74 [19]

Answer:

                            McDade Company

                  Comparative Income Statement

       For the Years Ended December 31, 2012 and 2011

                                       2012              2011              Change          %

Sales                      $16,800,000   $15,000,000      $1,800,000      12%

COGS                   ($11,500,000)  ($10,000,000)     $1,500,000      15%

Gross profit             $5,300,000     $5,000,000        $300,000       6%

Selling expenses    ($1,770,000)    ($1,500,000)        $270,000      18%

Adm. expenses      ($1,220,000)    ($1,000,000)        $220,000     22%

Operating exp.     ($2,990,000)   ($2,500,000)        $490,000   19.6%

Operating income   $2,310,000     $2,500,000        ($190,000)    -7.6%

Other revenue           $256,950         $225,000            $31,950    14.2%

EBT                          $2,566,950     $2,725,000        ($158,050)   -5.8%

Income taxes           ($1,413,000)    ($1,500,000)        ($87,000)   -5.8%

Net income                $1,153,950      $1,225,000        ($71,050)   -5.8%

6 0
3 years ago
Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00
ser-zykov [4K]

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation  of total manufacturing costs :</u>

Cost of goods manufactured         1,030,300

Add Closing Work In Process           130,000

Less Beginning Work In Process                 0

Total manufacturing costs            $1,160,300

6 0
3 years ago
Havermill Co. establishes a $460 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
frozen [14]

Answer:  Debit Petty cash $408; Credit Cash $408.

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In the instance of the question, the petty cash is $460 and within September, total expenses of $316 were incurred and paid for, leaving a balance of $144. However, the accountant determines that this cash should be increased by $92 on 1 October, so reimbursement to the fund would be the amount already spent ($316) and the proposed increment ($92), making $408.

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myrzilka [38]

The answer is psychological contract.

A broken psychological contract may occur when an employee believes that working extra would be naturally rewarded. This, however, may not be business policy. If the person is salaried, they may not be compensated for the extra hours worked.

Daily acts and remarks made in the workplace, as well as how they are interpreted by all parties involved, have an impact on the contract.

`

In other words, it is a promise developed via regular workplace encounters in which the organization learns what is expected of each employee.

Psychological contracts evolve and adapt to the organizational working culture over time. However, they are generally difficult to change and can differ across individual party members and whole organizations.

To know more about employer and employee relationship click here:

brainly.com/question/13400621

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