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jeka57 [31]
4 years ago
14

Which of the following is the correct order for the preparation of the listed budgets? A) Budgeted income statement, sales budge

t, cash budget B) Cash budget, capital acquisitions budget, direct labor budget C) Sales budget, direct material purchases budget, budgeted income statement D) Direct labor budget, sales budget, budgeted income statement
Business
1 answer:
konstantin123 [22]4 years ago
8 0

Answer:

The correct option is C,sales budget, direct material purchases budget, budgeted income statement

Explanation:

Te correct order in preparing budgets is to first of all have a sales forecast based on information on previous years' sales figures as well as looking at the future economic outlook.

When sales forecasts are made based on educated guess,the sales budget is prepared using the most appropriate selling price  per unit.

Thereafter,based on the number of units planned for sales,the required materials needed to accomplish the sales level is forecast,hence direct material purchases budget is prepared with informed unit cost of material.

Lastly,the income statement which encompasses both revenue from sales budget in addition to costs from direct materials purchase budget is finalized.

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generic goods.

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Generic goods -

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3 years ago
While attending a staff meeting and listening to a coworker present information on the legal use of copyrighted images, Darrell
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8 0
3 years ago
Corona Co. is expecting to receive 100,000 British pounds in one year. Corona expects the spot rate of British pound to be $1.49
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Answer:

Explanation:

1st strategy : Selling pound forward

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2nd strategy : Buying put option

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3 years ago
MATCH each economist to his economic belief.
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2. Milton Friedman---------Government should not control the  money supply.


Milton Friedman saw the 1920s as years of indispensable and sustainable growth in the economy. Amid this period the Federal Reserve outstandingly extended the cash supply. This development was not reflected in an expansion in the normal cost level, on the grounds that fiscal powers were killed by simultaneous increments in efficiency.  



3. John Maynard Keynes----------Government intervention is necessary  for stability.


John Maynard Keynes made the hypothetical contentions for another kind of monetary system: government intervention used to smooth out the business cycle. Keynes died in 1946, yet his thoughts made the Keynesian school of financial aspects and prompted the improvement of macroeconomics. Keynes' belief system overwhelmed the financial worldview from 1945 until the late 1970s. As indicated by Keynes, free markets don't generally contain self-adjusting components; some of the time government intervention is important to limit downturns and advance development. He trusted that without state help, the blasts and busts in the business cycle could winding wild.



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