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slava [35]
3 years ago
10

Select the correct statement regarding flexible budgets.

Business
1 answer:
horsena [70]3 years ago
3 0

Answer:

C. A flexible budget shows expected revenues and costs at a variety of activity levels.

Explanation:

A fkexible budget is a plan that you adjust according to changes in activity, for example, when costs vary with the changes in volume. This type of budget is adapted in regards to the organization's needs and it can be used for the whole company or a specific department. Also, the flexible budget is used to adjust the master budget to the current volume. According to this, the answer is that a flexible budget shows expected revenues and costs at a variety of activity levels.

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Sorry but you need to answer this one bud. I would help you if I could but I don't know what makes you, well you. :)

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A coal mine cost $ 1 comma 001 comma 000and is estimated to hold 57 comma 000tons of coal. There is no residual value. During th
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Answer:

Depletion expenses for the first year is $210736.840

Explanation:

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Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $64,000, and Martin's capital balance $61,000.
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3 years ago
Low-income countries have cultures that value ________
victus00 [196]
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8 0
3 years ago
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The following payoff matrix shows the profit (in
Ann [662]

Answer:

Flashfone and Pictech

a. If Flashfone prices high, Pictech will make more profit if it chooses a (high,low) __low___ price, and if Flashfone prices low, Pictech will make more profit if it chooses a(high,low)___low____ price.

b. If Pictech prices high, Flashfone will make more profit if it chooses a(high,low)__low____price, and if Pictech prices low, Flashfone will make more profit if it chooses a (high,low) __low____ price.

c. Considering all of the information given, pricing high (is, is not) _is not_ a dominant strategy for both Flashfone and Pictech.

Explanation:

a) Data and Calculations:

                                 Pictech Pricing

                                     High        Low

Flashfone Pricing High 11, 11        2, 18

                             Low  18, 2      10, 10

b) A dominant strategy exists if Pictech or Flashfone would implement a particular strategy that benefits it no matter what the other firm does.

3 0
2 years ago
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