a) - money issued by the financial intermediaries such as banks but not the central bank
The system that compares actual results to a budget so that significant
deviations can be flagged and investigated further is called management by
exception
Management by exception is the type that helps the managers to focus on
the most important variances while ignoring unimportant changes between
the budget and actual results.
This is commonly used in budgets preparation to ensure that the important
factors which may affect project completion are taken into consideration to
prevent shortages.
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Formula: Finished Goods Inventory Beginning - Sales in units + Produced units= Ending Inventory
3000-12000+14000= 5000 Ending finished goods inventory in units
-ahnnahly
Answer: Incubation
Explanation: In the incubation stage the person moves away from the problem and gives space to the mind to search for a solution. An example is going for a walk to relax your mind a bit and ideas flow better.
