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krok68 [10]
3 years ago
13

Acloe Inc., a nutrition bar manufacturing company, plans to commence its budget preparation. The management of the organization

comes to a consensus that it will use a budgeting approach that will encourage the active participation of the middle and supervisory managers and consider their suggestions while creating the budget. Acloe Inc. is most likely to adopt the _____ budgeting approach.
Business
1 answer:
mariarad [96]3 years ago
4 0

Answer:

bottom-up

Explanation:

According to my research on different financial strategies, I can say that based on the information provided within the question Acloe Inc. is most likely to adopt the bottom-up budgeting approach. This approach focuses on attempting to determine costs of each department in an organization and then total up all of the departments. Which is what is being done in this situation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Fatima finds an article on march 16, 2014 titled "benefits of laptops" on the technologynow website. the article was written on
Dmitriy789 [7]

In citing the source in MLA format, Fatima should place the title as the first to be read or written, followed by the author and citation in the end. So it should be, “Benefits of Laptops” by Michael Gray. Technology Now, August 2, 2013. Web. March 16, 2014.

4 0
3 years ago
Read 2 more answers
Why do cell phone service firms charge more on prepaid<br>​
lubasha [3.4K]

I will give you a link from quizlet. Just wait..

4 0
2 years ago
$400,000, and his personal bank account has a balance of​ $1,200. Identify the principle or assumption that best matches the​ si
zimovet [89]

Answer:

a.​ Michael's personal assets are not recorded on the​ company's balance​ sheet:

Explanation:

the question in incomplete, so I looked it up:

Michael McNamee is the proprietor of a property management​ company, Apartment​ Exchange, near the campus of Penscola State College. The business has cash of​ $8,000 and furniture that cost​ $9,000 and has a market value of​ $13,000. The business debts include accounts payable of​ $6,000. Michael's personal home is valued at​ $400,000, and his personal bank account has a balance of​ $1,200. Identify the principle or assumption that best matches the​ situation:

In accounting, the economic entity principle states that a company's financial  records are separate and distinct from the financial records of its owners. Even though Michael is the owner of company, his personal assets should not be included in the company's financial statements.

8 0
3 years ago
An annual reporting period consisting of any twelve consecutive months is known as:___.
Kaylis [27]

An annual reporting period consisting of any twelve consecutive months is known as Fiscal year.

The government and enterprises utilize a fiscal year (FY), usually referred to as a budget year, as the time frame for accounting to create annual financial accounts and reports. A fiscal year may not end on December 31 and is made up of 12 months or 52 weeks.

Government accounting, which differs between nations, and budgeting employ a fiscal year. Additionally, it is employed by companies and other organizations for financial reporting.

Companies and workplace groups use a fiscal year, which is a 12-month period, to submit, review, and communicate their financial accounts, budgets, and objectives. This period of time need not follow the conventional January to December calendar year pattern. Every company has a unique nature when it comes to generating revenue and succeeding.

Learn more about fiscal year here

brainly.com/question/14504946

#SPJ4

4 0
2 years ago
Suppose a​ profit-maximizing monopolist is producing 12001200 units of output and is charging a price of ​$60.0060.00 per unit.
antiseptic1488 [7]

Answer:

Marginal Cost = $30

Explanation:

Given that

Price = $60

Elasticity of demand = -2

Recall that

MC = P(1 + 1/Ed)

From monopolist pricing rule as a function of elasticity of demand.

Where MC = marginal cost

Ed = elasticity of demand = -2

Thus

MC = 60 (1 + 1/-2)

= 60 (1 + [-0.5])

= 60 ( 1 - 0.5)

= 60 (0.5)

= 30

MC = $30

6 0
2 years ago
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