Answer:
A) Pilot strategy
Explanation:
Under a pilot strategy, before a new system is fully implemented, it is first subjected to testing under a given situation by using it in selective parts of the organization , to assess it's compatibility with the situation or if the system requires necessary changes.
This could also be a kind of experimentation to evaluate the feasibility of a system before deciding upon it's final implementation.
If the system under consideration matches the desired results, the organization proceeds with it's full implementation in the entire organization.
If not, necessary changes need to be incorporated in the system.
Answer:
1. Bankruptcy law is primarily state law. b. False
2. The <u> </u><u>federal </u> government is given the power to establish bankruptcy laws in Article I, Section 8 of the <u> U.S constitution</u>. The purpose of bankruptcy law is to protect the <u> debtor </u> by giving him or her a fresh start and to ensure <u>equitable</u> treatment of the <u> </u><u>creditors</u>.
Fill in the blanks with words that would best complete the passage.
equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution
3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.
4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.
5. The Bankruptcy Code has several chapters. Chapter <u> 7 </u>provides for liquidation proceedings, Chapter <u> 11 </u>governs reorganizations, and Chapter <u>13</u> provides for an adjustment of debts for individuals with regular income.
6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False
7. Consumer-debtors are those whose debts result from the purchase of goods for <u> personal</u> use. The Bankruptcy Code<u> </u><u>requires</u> that court clerks provide additional<u> information </u>to consumer-debtors when they file for bankruptcy.
Answer:
cash budget
Explanation:
A financial budget within budgeting refers to the long-period and short-period planning of the company's revenue and expenditure. Exact cash flow forecasts help the company achieve the goals in the correct way.
A financial budget is indeed a potent tool for achieving any enterprise's lengthy-term goals. Relevantly, it also helps to keep the stakeholders as well as other institution members up-to-date on the company's ability to function.
Thus, from the above we can conclude that cash budget can be termed as finance budget.
