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arsen [322]
3 years ago
10

What are the main purposes of a budget?

Business
2 answers:
disa [49]3 years ago
7 0
In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance
Aleks [24]3 years ago
4 0
Following a budget will keep you out of debt if you are currently in one.
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MissTica

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Explanation:

4 0
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What is a standard of living?
mezya [45]

Answer:

The degree of wealth and material comfort available to a person or community.

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7 0
3 years ago
Which of the following fiscal policy action would cause the economy to contract?
maksim [4K]
<span>This is a tricky question, because most of the answers provided are correct. For instance, by raising taxes, the government drops down the demand rates, as well as by decreasing the money supply (in that case, it also prevents economy from falling into an inflating situation). As for balancing the budget, this economical move entails decreasing the public expenditure and, therefore, contracting the demanding economical figures too. </span>
4 0
3 years ago
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the applia
blondinia [14]

Answer:

If the firm is going to need less than 50,000 motors, they should purchase them from the outside vendor.

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If the firm expects to use 60,000 or more motors per year, it should use process B.

Explanation:

Process A:

contribution margin per unit = $11 - $7 = $4

break even number of units = $200,000 / $4 = 50,000 units

Process B:

contribution margin per unit = $11 - $8 = $3

break even number of units = $180,000 / $3 = 60,000 units

8 0
3 years ago
As is common payroll procedure for most employers, Penelope's company _____________ her paycheck semimonthly into her checking a
creativ13 [48]

Answer: Direct Deposits and Electronic funds transfer

Explanation:

Penelope's company direct deposits her paycheck into her checking account.

Penelope's company has adopted an efficient electronic funds transfer system.

6 0
4 years ago
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