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3 years ago

The budgeting process does not involve which of the following activities?

Business

1 answer:

Vera_Pavlovna [14]3 years ago

8 0

Answer:

Increase in sales by increasing marketing efforts.

Explanation:

A budget can be defined as a financial plan which is used to make an estimate of the amount of amount that goes in and comes out. It can also be described as a financial plan that controls expensenses, resources, debts within a specific period of time.

Budgeting is carried out inorder to maintain and control an individual or an organization income so as to avoid wastage of resources. Budgeting keeps an individual or organization focused on achieving their different goals and objectives.

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According to economists, inflation is a. eliminated by the government. b. unavoidable, and therefore something beyond the contro

mote1985 [20]

Answer: Option D

Explanation: In economics, inflation means the increase in the general price level of goods in an economy and the decrease in the value of money. This process occurs over a period of time.

In a scenario of inflation the purchasing power of the consumers decreases leading to a decrease in demand. Inflation could be controlled but is unavoidable and hence every economy faces some level of inflation every time.

Hence from the above we can conclude that the correct option is D.

7 0

3 years ago

Selling price $220 per unit

kramer

Answer:

Net operating income= $207,500

Explanation:

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

First, we will determine the total unitary variable overhead:

total unitary variable overhead= 90 + 25= $115

Now, we can calculate the total contribution margin:

Total CM= 11,500*(220 - 115)

Total CM= $1,207,500

Finally, the net operating income:

Net operating income= 1,207,500 - 600,000 - 400,000

Net operating income= $207,500

6 0

3 years ago

What type of economy does sri lanka have?

xeze [42]

Sri Lanka's economy has expanded at an average rate of about 6 percent over the last 5 years. The country has made a notable economic transition from fragility to relative stability. Political reconciliation and economic transformation have been strengthened by measures that support long-term development and competitiveness.

6 0

3 years ago

Citizens united permitted individuals and organizations to form committees, called ________, which can raise unlimited amounts o

Tema [17]

Citizens united permitted individuals and organizations to form committees, called POLITICAL ACTION COMMITTEES which can raise unlimited amounts of money to run political advertising
Political action committees usually work together with several interest groups in order to place a mutually beneficial candidate on the office. Since it absorb money from private sector to the government, the amount of money collected by PAC will not affect governmental budget

8 0

3 years ago

A consumer's demand curve for a product is downsloping because:_________.a. total utility falls below marginal utility as more o

lesantik [10]

Answer:

c. marginal utility diminishes as more of a product is consumed.

Explanation:

The law of diminishing marginal utility states that when a person consumes more and more units, the marginal utility of extra units diminishes as additional units are obtained from the marginal utility.

Moreover, the graph of this diminished marginal utility that results in the consumer demand curve for a product goes downward sloping.

7 0

3 years ago