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natima [27]
4 years ago
11

Developing the annual budget a.usually begins on the first day of the prior year. b.usually begins on the first day of the fisca

l year. c.usually begins several months prior to the end of the current year. d.is not necessary.
Business
1 answer:
Leokris [45]4 years ago
8 0

Answer: c.usually begins several months prior to the end of the current year.

Explanation:

A budget is an aid to management that is useful in planning and the achievement of the goals of an organization.

It should be noted that developing the annual budget usually begins several months prior to the end of the current year.

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A company reported total assets at the end of the previous year of $95,000; including cash of $35,000, accounts receivable of $2
vesna_86 [32]

Answer:

there is $9,000 increase in cash

Explanation:

The computation of the increase or decrease in cash is as follows;

In the previous year, the cash balance is $35,000

In the current year, the cash balance is $44,000

So the differenceis

= $44,000 - $35,000

= $9,000

This $9,000 represent an increase in cash

So, there is $9,000 increase in cash

5 0
3 years ago
_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna
ratelena [41]

Answer:

Agents and brokers

Explanation:

Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.

Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.

3 0
3 years ago
Concord Corporation required production for June is 212000 units. To make one unit of finished product, three pounds of direct m
alexandr1967 [171]

Answer:

The purchases of material Z should be of 656000 pounds.

Explanation:

The purchases of material Z should be such that they meet the desired closing inventory requirement of product Z along with producing enough units to meet the production requirements for the period which are left after the opening inventory has been used. Or we can also say that the purchases should be enough to meet the closing inventory and the Production requirements less the opening inventory.

Thus, purchases = Closing Inventory + Total Production Requirements - Opening inventory

The amount of material Z needed to produce 212000 units = 212000 * 3 = 636000 pounds

Purchases = 410000 + 636000 - 390000

Purchases = 656000 pounds

5 0
4 years ago
Mrs. Turner is comparing her employer’s retiree insurance to Original Medicare and would like to know what services Original Med
irina1246 [14]

Answer:

Original Medicare covers ambulance services.

Explanation:

Since in the question it is mentioned that the Turner compared her employer retired insurance with respect to the Original Medicare and also she would like to know whether what services are covered if the prescribed criteria are met

So here the original medicare covers the ambulance services as this is a pre hospitalization charges that are mentioned in the insurance policy

5 0
4 years ago
Sandy's Sauces, which produces stir-fry sauces, is developing direct material standards. Each bottle of sauce requires 0.79 kilo
aliina [53]

Answer:

Standard quantity of base per bottle is 1.39 kg

Explanation:

Standard Quantity includes normal wastage and normal allowances. Calculation of Standard Quantity is as follows:

kilograms of base required    = 0.79

normal allowance for waste   = 0.40

normal allowance for rejects = 0.20

Total                                        =  1.39

8 0
3 years ago
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