A static budget is<u> based on a range of activities</u>.
<h3>
What is static budget?</h3>
- An example of a budget that includes predicted values for inputs and outputs that are thought of before the period in question begins is a static budget.
- Even with changes in sales and production quantities, a static budget, which is a projection of revenues and expenses for a given period, stays the same.
- The figures from static budgets can, however, be very different from the real results as compared to those that are discovered after the fact.
- Accountants, finance experts, and management teams of businesses utilize static budgets to assess the financial success of a company over time.
- The static budget is meant to be constant throughout the time period, independent of changes that might have an impact on results.
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Answer:
The cause may be environmental
Explanation:
The ratios show that ratio of incidence of chronic lymphocytic leukemia (CLL) in the population of country X is five times higher than the ratio in U.S. whites. However, the ratio of CLL in migrants from Country X to the U. S. is exactly the same as the ratio in U.S. whites. This relationship indicates that, rather than being genetic, the cause of CLL is more likely to be environmental.
Directly using fossil fuels would be while using cars and vehicles, indirectly would be non-energy purposes.
Answer:
downward because quantity demanded is lower when the price to borrow money is higher.
Explanation:
In this scenario, loanable funds will be treated like other commodities in the market. As per the law of demand, demand for a product is inversely related to its price. An increase or decrease in price results in demand moving in the opposite direction. A demand curve represents the relationship between demand and price. It is downward sloping and shows the quantity demanded at various prices.
The interest rate is the price of a loan. It is the cost of borrowing money. A high-interest rate makes a loan expensive, thereby discouraging borrowers from borrowing. At Low-interest rates, loans become affordable and attractive to firms and households. Lenders are likely to issue more loans when interest rates are low.
Answer:
<u>c. The board has a majority of insiders from company management on it who bring first-hand knowledge of how the company operates. </u>
<em>Explanation</em>:
When the board members consist to a large extent members who are insiders of the company, <u>their ability to govern the company is improved.</u>
This is evident from the fact that this members bring first-hand knowledge of how the company operates to the board. However, if majority of the board are outsiders they may not fully be aware of company operations.
