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valentinak56 [21]
3 years ago
12

Janice was questioned recently about her department's spending in excess of the budget. This is an example of using the budget f

or performance measurement.
A. True
B. False
Business
1 answer:
sineoko [7]3 years ago
3 0
TRUE this statement is true because budget is a performance measurement is the process is collecting

I hope this helped if not tell me what I can do better thanks
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the relationship between the strategic planning process and portfolio management in an organization ______
Verizon [17]

Answer:

Explained below:

Explanation:

The Strategic Planning process is a planning process performed by the top-level management, to decide where the organization is willing to reach in the coming day and Portfolio management is the act of building and maintaining an appropriate investment mix for given risk tolerance.

Portfolio management in an organization is closely associated with each other as when the organization requires to do investment, it necessity be done through the  Strategic Planning process which is performed by the top-level management to minimize the risk.

3 0
3 years ago
Exercise Bicycle Company is expected to pay a dividend in year 1 of $1.20, a dividend in year 2 of $1.50, and a dividend in year
prisoha [69]

Answer:

E.  $40.68

Explanation:

The computation of the stock worth today is shown below:

= (Dividend in year 1 ÷ 1 + required rate of return^number of years ) + (Dividend in year 2 ÷ 1 + required rate of return^number of years) + (Dividend in year 3 ÷ 1 + required rate of return^number of years)  + (Dividend in year 3 ÷ 1 + required rate of return^number of years) × (1 + growth rate) ÷ (required rate of return - growth rate)

= $1.2 ÷ 1.14 + $1.5 ÷ 1.14^2 + $2 ÷ 1.14^3 + $2 ÷ 1.14^3 × (1 + 10%) ÷ (14%-10%)

= $40.68

We simply applied the above formula

3 0
3 years ago
The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash
zheka24 [161]

Answer:

Usually, we use the "Income Summary" account to close the Income Statement accounts such as revenues and expenses.

First, close the revenue account by debiting it:

(DR) Service Revenue $450,000

(CR)       Income Summary    $450,000

Then, close the expenses accounts by crediting them:

(DR) Income Summary $407,000

(CR)        Salaries Expense       $350,000

(CR)        Rent Expense              $17,500

(CR)       Depreciation Expense   $35,000

(CR)      Interest Expense             $4,500

Finally, close the Income Summary account to Retained Earnings.

The balance of the Income Summary is a credit balance of $43,000

(credit of $450,000 less debit of $407,000)

So, to close the account we have to debit it.

(DR)  Income Summary      $43,000

(CR)               Retained Earnings          $43,000

4 0
3 years ago
When Ronald complained to his bank about the unprofessional behavior of one teller, the branch manager added a code into his acc
OLEGan [10]

Answer:

The correct answer is C. loyalty.

Explanation:

The segmentation on basis of customer loyalty is done on following grounds

•     The most valuable market, channel, product and customer segments

•     Key decision makers and influencers

•     Critical needs and wants for each segment

•     Future needs

•     Measures of customer satisfaction and loyalty

•     Brand and competitive equity benchmarking

•     Value proposition alternatives for each segment

•     A trade-off analysis for features vs. price

8 0
3 years ago
Mr. Small, store manager for Jay's Appliance, is having a difficult time placing a selling price on a refrigerator that cost $41
Dvinal [7]
The answer is $594.50, hope this helped you 
7 0
3 years ago
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