Available Options:
a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.
b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.
c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.
d) All of the above.
Answer:
Option D. All of the above.
Explanation:
The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.
Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.
At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.
So all of the statements are correct.
December because it's between the months of October and February
<u>Answer:
</u>
The invention of the car is an early example of disruptive technologies.
<u>Explanation:
</u>
- The technologies that successfully break a certain long-running trend to start another successfully can be termed as disruptive technologies.
- The rate of acceptance of such technologies is initially the lowest but they thrive very soon to completely replace the existing methods in use.
- Disruptive technologies are often more efficient than their older alternatives and that is why they are deemed as profitable.
Answer:
buying puts
Explanation:
A put option is a sale option. It gives the buyer the right (but not the obligation) to sell an asset in the future to the seller of the option at a previously determined price.
The owner or buyer of a put option benefits from the option if the underlying asset falls, that is, if when the put option expires, the asset (a share for example) has a price lower than the agreed price . In that case, the option buyer will exercise his right and sell the asset at the agreed price and then buy it at the current market price, earning the difference.
If the price turns out to be higher than the agreed price, known as the strike or strike price, the buyer will not exercise his right and will simply have lost the premium he paid to acquire the option. Therefore, your benefit may be unlimited, but your loss is limited to the premium you paid.
Answer:
C. $162,000
Explanation:
As for the provided information,
The cost of machine = $500,000
Residual value = $14,000
Therefore amount to be depreciated in useful life = $500,000 - $14,000 = $486,000
Using units of production method we have:
Total expected hours of production = 18,000
Therefore, depreciation per hour = $486,000/18,000 = $27 per hour
Total use in current year = 6,000 hours
Therefore, depreciation in current year = $27 6,000 = $162,000