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oksano4ka [1.4K]
3 years ago
7

You know the _____ method of budgeting is being employed after hearing an experienced marketing department manager respond to a

new employee's question, "How was the ad budget established last year?" by saying, "The same way it's always been done. I just have an instinct for how much should be budgeted where."
Business
2 answers:
Korvikt [17]3 years ago
4 0

Answer:

A) Arbitrary allocation

Explanation:

Arbitrary allocation of resources is a very commonly used method specially by experienced managers. To be honest, almost all the allocation methods are arbitrary, only that some are less obvious, e.g. percentage of sales is also arbitrary because what percentage is the correct allocation, someone decided because their previous experience favors such a number.

The manager doesn't magically come up with numbers and decides that X should be assigned to this product and Y to that product. He/she bases the decision on previous campaigns as a parameter and then he/she determines an amount.

Of course this type of resource allocation is not the best or more exact way to do it, but it is based on experience and experience also matters. What would be really problematic is that the manager is so stubborn that he/she will not adjust the balance according to the needs. You must remember that all budgets are only estimates, and estimates aren't usually 100% correct (they wouldn't be estimates if they were 100% sure). What is important is to be able to adjust your budget to correct any variances.

Marianna [84]3 years ago
3 0

Answer:

Arbitrary allocation.

Explanation:

Arbitrary allocation is a method where costs budgeted are not based on any precise measurement,hence accurate costs could not be arrived at.

This approach to budgeting breeds inefficiencies as the accurate budgeting is expected to lead to accurate costing of products as well as pricing.

All in all,the true profitability of a business cannot be ascertained.

Finally,the organization adopting this type of approach needs to change to other accurate methods of budgeting such incremental or rolling budgeting.

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Difference between luna and sol?​
mr Goodwill [35]
Luna-moon
Sol- sun

The difference of luna and sol would be that the moon (luna) comes out in the night and the sun (sol) comes out during the day


Hope this helps!!!!!!!
5 0
3 years ago
Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to depos
german

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

4 0
2 years ago
A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period
BabaBlast [244]

Answer:

A. $288

Explanation:

The cost incurred to produce or purchase the product which is being sold is called cost of goods sold.

Cost of Goods Sold = Beginning Inventory + Purchases in the period - Ending Inventory

Cost of Goods Sold = $152 + $492 - $356

Cost of Goods Sold = $288

7 0
3 years ago
Read 2 more answers
Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.
Strike441 [17]

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

6 0
3 years ago
What should be done to differentiate one inbound load from another?
g100num [7]
Indicate the purpose of takeoff from where the heap is originating from and if the heaps have a similar purpose of flight, likewise determine the season of flight. On the off chance that you are discussing business shipments, this is the thing that receipt numbers are for.
4 0
3 years ago
Read 2 more answers
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