Answer:
The correct answer is option D) A Master Budget is is a substitute for the management functions of planning and coordination.
Explanation:
A master budget is not the initial budget a company makes, It is the final budget that incorporates all other specific budgets such as financial budget, operational budget, production budget, marketing budget and ore.
It serves a central planning tool that a management team uses to direct the activities of a company, set targets and execution strategy.
It also provides a framework to judge performance for respective departments.
Answer:
D. brings buyers and sellers together
Explanation:
Suppose this economy was momentarily at Full Employment, but has now experienced a continuation of the RIGHT shifting AD caused by increased "G" spending . If the Price Level increases to $2.34, then Real Production GDP will have increased to $5200 b and 2 million people will have gained jobs. In the Business Cycle the economy will have moved from Point "x" toward Point y.
Explanation:
The AD-AS model (Aggregate production aggregate) demonstrates national income calculation and price level adjustments.
This shows how various events will change in two of our major macroeconomic indicators: Actual GDP and inflation.
- Label all equilibrium in the axis, the interior
- The positioning of LRAS provides important economic information, for example, if the efficiency of balance is on the left side of the LRAS, the economy is in recession.
Answer:
B. Escalator Clause
Explanation:
An escalation clause is a clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined. An important example of this is a contract that adjusts for inflation.
Answer:
The average inventory which HG should carry during the year is 5,000 units.
Explanation:
Economic Order Quantity is the ideal inventory procurement which minimizes holding and ordering cost. The EOQ is used by businesses in order to determine the best possible inventory holding.
EOQ = 
EOQ = 
EOQ = 5,000 units
