Answer:
The given statement is "True".
Explanation:
- The budgeting process for something like a commercial enterprise has always been based on the most recent financial statement of an organization, investment money as well as distribution channels, business objectives as well as the viewpoint in which the industry operates.
- So that the spending plan is generally more accurate unless all agencies and therefore all top executives are actively engaged.
Answer:
The correct answer is option A.
Explanation:
A production possibility curve shows the maximum possible combination of two goods that can be produced using all the available resources and state of technology.
An increase in economic growth causes the production possibility curve to shift to the right. The faster the economic growth the more the economy will be able to produce. So the farther the production possibilities curve will shift out.
Answer:
Reserves is your answer...
Explanation:
Hope this helps you!!!
Answer:
4 years
Explanation:
The computation of the payback period is shown below:
In the payback, we analyze in how many years the invested amount is recovered
In year 0 = -$10,000
In year 1 = $1,000
In year 2 = $3,000
In year 3 = $3,000
In year 4 = $3,000
In year 5 = $100,000
In year 6 = $250,000
If we sum the first 4 year cash inflows than it would be $10,000
And, the initial investment is also $10,000
So, in 4 years, the investment amount is recovered