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Advocard [28]
3 years ago
12

The master budget is a.typically for a 1-year period corresponding to the fiscal year of the company. b.the selective financial

plan for the organization as a whole. c.used for misinformation and coordination. d.broken down into daily and weekly budgets. e.All of these choices are correct.
Business
1 answer:
saul85 [17]3 years ago
5 0

Answer:

a) 1-year period corresponding to the fiscal year of the company.

Explanation:

The master budget is perhaps the most important planning tool that top management has at its disposal when deciding the actions of the organization.

The master budget consists of the sum of all the budgets from the different functional areas of the company (for example, the budget of the production department, plus the budget of the finance department, and so on), and also includes financial statements, and a statement of expected cash flows into the company.

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Who will be responsible for creating the disaster recovery plan and will likely be responsible for testing it and keeping up wit
CaHeK987 [17]

The disaster recovery planning team will be responsible for creating the disaster recovery plan and will likely be responsible for testing it and keeping up with its ongoing maintenance.

The disaster recovery team is responsible for creating the organization's disaster recovery plan, developing the planning processes and procedures, and implementing the plan to ensure data recovery in the event of a disaster.

Security administrator. network administrator. Executive Response: An organization's executives are ultimately responsible for corporate governance, including deciding whether to implement BCP/DRP controls.

The role of the Local Disaster Recovery Manager is to organize, coordinate and facilitate recovery at the local level. The experience and skills of these individuals should include a strong foundation for community development and a good knowledge of community demographics.

Learn more about disaster recovery at

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6 0
2 years ago
In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen
Zigmanuir [339]

Answer:

The value of materials transferred out is $224,000

Explanation:

The condition for the units for transferred is that they must have been completed 100% with respect to equivalent unit cost,hence the materials transferred out should be valued at full $8.00 per direct material.

The value of materials transferred out=28,000*$8.00

                                                              =$224,000

The value of WIP=$8.00*85%*14,400

                           =$97,920

The closing WIP of $97920  would be the beginning inventory in production next period an would ultimately form part of materials completed and transferred next period.

8 0
3 years ago
When you hire an independent contractor, you don't have to pay the contractor's
xxTIMURxx [149]

Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

It is quite common now a days to work with contractors to get help from them, either in the form of services or human resources, etc. The contractor provide the company what it wants according to the needs. For example if a company needs human resource for its customer service department, the contractor will provide them the employees according to the company's need. So when you hire the contractor for getting you employees, there is no need to pay the medicare taxes of the contractor. It is not the responsibility of the company to pay medical expenses of the contractor, rather its contractor's own responsibility to fulfill its medicare expenses.

5 0
3 years ago
Read 2 more answers
The motivating force behind an increase in supply in a long-run adjustment to equilibrium is
sasho [114]
Economic profits that are present in the short run.
7 0
4 years ago
The current market demand for paper clips is 320 million and its market development index is 55. calculate the approximate marke
Rina8888 [55]

To calculate for the approximate market potential, we simply have to take the ratio of the current market demand over the market development index in fraction. That is:

market potential = 320 million / 0.55

<span>market potential = 582 million</span>

8 0
3 years ago
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