Answer:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Explanation:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Answer:
None of these answers is correct.
Explanation:
A static budget is also referred to as a fixed budget. A static budget remains constant throughout a period regardless of changes in inputs. A static budget is prepared at the beginning of a period. It is an informed forecast of incomes and production in the coming year.
A flexible budget adjusts to changes in volumes or activity. A flexible budget is prepared using the actual activity level and incomes at the end of a period. A comparison is then made with the actual expenses to evaluate the performance for the year.
Answer:
invest in a new production plant right now.
Explanation:
The best long term solution for these constraints would be to invest in a new production plant right now. This would set the pharmaceutical company back for some time as it would be a big cost which would take them a long time to recover through profits. Regardless, it would completely solve their scaling problem and allow them to drastically increase their profits the more they grow. Which would also decrease the amount of time before they recover the cost of the new plant.
Answer:
Trust
Explanation:
A free-market system is one which is dependent on demand and supply with little or no government intervention or control. This type of market system requires the ethical behavior of trust to keep the market system working.
Cheers.
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