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3 years ago

Based on this graph, why are there upper and lower limits for the $?

Business

1 answer:

REY [17]3 years ago

8 0

This graph is indicating a fixed exchange rate that prevents the foreign exchange rate from moving outside of the upper and lower limits.

Answer: Option D.

Explanation:

A fixed exchange rate, now and again called a pegged exchange rate, is a kind of swapping scale system in which a cash's worth is fixed or pegged by a money related authority against the estimation of another money, a container of different monetary forms, or another proportion of significant worth, for example, gold.

In this case, the exchange rate is fixed because the limits are fixed in this case.

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Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of

Vinvika [58]

The correct option is : Allowing employees the opportunity to be a part of the budget process.

<h3>What is Budget?</h3>

A budget is a plan on how a business will attain its profits objectives. It shows how a firm will allocate its scarce resources to various units to achieve its overall goals. A budget can be prepared on a bottom-up basis where each department sets its targets under the guidance of top management. The top management can also prepare the budget and pass it down to various units for implementation.

When a budget is prepared from bottom to top, employees get involved in the process. It makes them own the document and its objectives. The employees will feel motivated to work as a team to meet their targets. A budget indicates the direction where the business is heading. If employees are involved in the budgeting process, they will help management to steer the company in the intended direction.

Therefore, we can conclude that the correct option is C.

Your question is incomplete, but most probably your full question was:

Budgets need to be fair and attainable for employees to consider the budget important in their normal daily activities. Which of the following situations will not lead to human behavior problems:

a. Setting goals among managers that conflict with one another.

b. Setting goals too tightly making it difficult to meet performance expectation.

c. Allowing employees the opportunity to be a part of the budget process.

d. Allowing goals to be so low that employees develop a "spend it or lose it" attitude.

Learn more about Budgeting on:

brainly.com/question/6663636

#SPJ4

3 0

2 years ago

Heidi decided to make extra money by offering to do investments for her friends for a fee. She actually did no investing, but us

Sauron [17]

Answer: Option (A)

Explanation:

A Ponzi scheme is referred to as or known as a type/form of a fraud that tends to bait investors and thus pays high profits to the earlier investors with the funds gained or received from recent investors. This scheme tends to lead its victims and other individuals to perceive that these profits are collected from the sales or via other means, thus they tend to remain completely unaware that the investors after them are reason of these funds.

8 0

3 years ago

(Calculating annuity payments) The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures

Olenka [21]

Answer:

Ans. The equal amount of money that Aggarwal Corporation needs to put into this account, for 10 years, at the end of each year is $658,200.90

Explanation:

Hi, in order to find the equal amount of money to put into this account, that returns 9% annually, for ten years, and to be paid at the end of each year, we need to use the following formula and solve for "A".

$Future Value=\frac{A((1+r)^{n}-1) }{r}$

Where:

Future Value= $10,000,000

r= 0.09

n=10

So, everything should look like this.

$10,000,000=\frac{A((1+0.09)^{10}-1) }{0.09}$

$10,000,000=A(15.1929297)$

$\frac{10,000,000}{15.1929297} =A$

$A=658,200.9$

The answer is: Aggarwal Corporation needs to save $658,200.90 every year, at the end of the year, for ten years in order to get $10,000,000 in ten years to retire its mortgage.

Best of luck.

5 0

3 years ago

Which of these jobs is classified as a food preparer in the hospitality and tourism career field

uranmaximum [27]

Sous chef should be the correct answer

3 0

3 years ago

Read 2 more answers

During annual inventory week, a department store may ask its employees to work 12 hours a day instead of the usual 8. During tax

Butoxors [25]

Answer:

False

Explanation:

Innovative Change is a change introduced by the management which encourages all the employees to achieve the target and goals set, with the boosted enthusiasm and the employees tend to accept such change.

An expected overtime from any department is not an acceptable change, and there is no innovation in such change.

Although if a working technique would have been introduced to reduce the time and increase the capacity of workers or accountants, that would be referred to innovative change.

7 0

4 years ago