Answer:
A reduction of top management's control of the budget process to one of oversight.
Explanation:
Budgeting can be defined as a financial plan which helps different organizations in the control of their various revenues. Budgeting can also be described as a forecast of how much a company expect to sell and also how much they expect to spend on various costs.
Advantages of budgeting include:
- It helps an organization to achieve their objectives and goals.
- It helps businesses to decide on essential areas to channel their resources to.
Disadvantages of budgeting include:
- a budget may be inaccurate because it is prepared on the basis of assumptions.
- it is expensive and consumes a lot of time.
Answer:
The Net Present Value = - 23056.
Explanation:
Answer:
The correct answer is d. relatively smaller shortages in the short run than in the long run because supply and demand tend to be more inelastic in the short run than in the long run.
Explanation:
Rent control laws set limits on how much landlords can charge rent. The rent control laws specify:
- What types of properties qualify for rent control.
- How often rent limits can be adjusted.
- How rent limits can be adjusted. Most rent control laws link increases in rental limits to an annual percentage of inflation in a local consumer price index.
- The conditions when a property is "out of control."
- Restrictions on the eviction of the tenant with rent control.
There are no federal rent control laws since the US Supreme Court. UU. He ruled that rent regulation is a state issue. Most states do not have rent control laws regulated. Only some cities and communities in some states continue to apply them.
In the United States, rent control laws were adopted during World War II when the country was experiencing a housing shortage. President Richard Nixon then passed the wage and price laws that influenced the modern rent control laws that are still being applied today. This is why most rent control laws usually apply to older properties built before 1980.
Answer: $1,996,440
Explanation:
From the information that have been provided in the question, the following can be used to solve the question further:
Direct materials will be:
= 381,000 × $1.80
= $685,800
Conversion will be:
= 381,000 × $3.44
= $1,310,640
The amount that should be reported in Finished Goods Inventory will be:
= $685,800 + $1,310,640
= $1,996,440
Death, law suits, complications from the injury, termination from a job.