Answer:
Managers must cope with a great level of complexity, which is common in information systems. Organizations manage complexity by planning, budgeting, staffing, job clarification, performance measurement, and problem-solving. A leader achieves strategic results by positioning the organization to add value to the campus, leading people to excellence, collective achievement, and fulfillment is no small task, but it is eminently rewarding.
Explanation:
Answer:
Total product A Sales = $132000
Total Product B Sales = $182000
Total Sales of Both Products = $314000
Explanation:
The Product A sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product A
Total Product A Sales = 12000 x $11 = $132000
The Product B sales calculated using the formula = Budgeted Units Sold x Sales price Per Unit of Product B
Total Product A Sales = 14000 x $13 = $182000
Total sales of Both product = Total Product A Sales + Total Product B Sales
Total Sales of Both Product = $132000 + $182000 = $314000
The budgeted sales for the Modesto Corp. is $314000
The budgeted income statement does not rely on information from the production budget.
<h3>What is a budgeted income statement?</h3>
The expected profit, revenue, and expenses for the upcoming year or months are listed in a budgeted income statement, which is a financial report. Its purpose is to assist businesses in future planning, better decision-making, and resource allocation.
All of the line categories seen in a typical income statement are included in the budgeted income statement, but it is an estimate of what the income statement would look like in future budget periods.
The budgeted income statement makes it easier to compare planned and actual income and expense components at the end of the month. It aids in evaluating the efficiency of the company's financial planning procedure.
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Answer:
The answer is D.
Explanation:
A scope limitation in audit means circumstances hindering an auditor from carrying out his duties according to the audit procedure. A scope limitation can make an auditor issue a qualified opinion or a disclaimer of opinion depending on the materiality of the issue.
Back to the question, a scope limitation sufficient to preclude an unqualified opinion always will result when management refuses to provide a representation letter acknowledging its responsibility for the fair presentation of the financial statements in conformity with General Accepted Accounting Principle (GAAP)
Imposed by goveement below equilibrium price
