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s2008m [1.1K]
3 years ago
8

A formal written statement of management's plans for the future, expressed in financial terms, is a a.budget b.gross profit repo

rt c.performance report d.responsibility report
Business
1 answer:
Yanka [14]3 years ago
3 0

Answer:

a.budget

Explanation:

The budget refers to the estimation of the revenues earned and expenses incurred so that the company could able to take the decisions according to that.

It also a formal and written statement that shows the management plans for the upcoming future i.e to be expressed in a numerical term or we can say in financial terms

Hence, the correct option is a. budget

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A Chinese exporter sells $200,000 of toys to a French importer. The Chinese exporter requires the French importer to obtain a le
GuDViN [60]

Answer:

0.0416483 or 4.16%

Explanation:

Annual percentage rate, APR = 4%

Value of toys sold = $200,000

Note period = 90 day

N = 365 ÷ 90

= $200,000 × [1 - (0.04 × 90/360)]

= $198,000

Effective annual financing cost:

=(\frac{Value\ of\ toys\ sold}{Calculated\ value} )^{\frac{365}{90} }-1

=(\frac{200,000}{198,000} )^{\frac{365}{90} }-1

= 1.0416483 - 1

= 0.0416483 or 4.16%

4 0
3 years ago
A process cost accounting system is most appropriate when
mixer [17]

Answer:

When Manufacturing of a Product involves several processes.

Explanation:

When several processes are involved in manufacturing a product, costs need to be accumulated in these processing departments. Thus, A process cost accounting system is most appropriate

4 0
3 years ago
Purchasing professionals need to ________ and ________ in order to find the right supplier.
vovangra [49]

Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

To know more about purchasing professional click here:

http//brainly.com/question/27818182

#SPJ4

8 0
2 years ago
Which of the following does an employer violate when it terminates an employee for refusing to do something unethical, unsafe, a
maxonik [38]

Answer:

A-public policy

Explanation:

Violation of public policy :A legal claim that an employee has been fired fo not doing and unethical thing which is moral wrong. In many states, for example, an employee can sue for wrongful termination in violation of public policy after being fired for : reporting illegal activities, exercising legal right or not doing illegal things.

4 0
3 years ago
In a few sentences, explain what it means to be<br> financially responsible.
Elina [12.6K]
Financially responsible means to be prepared for something unexpectedly like u didn’t know was coming up or was gonna happen and it mean you need be able to support yourself with any source of income.
8 0
3 years ago
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