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AleksAgata [21]
3 years ago
12

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior

management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.
Business
1 answer:
VladimirAG [237]3 years ago
3 0

<u>Full question:</u>

Angela is part of the senior management of Fifian Inc., an event management company. She along with other members of the senior management plans the annual budget of the company. Angela, however, is not required to take inputs from or involve the middle and supervisory managers of the company in this planning process. In the given scenario, Fifian Inc. most likely uses _____.

A. top-down budgeting

B. incremental budgeting

C. bottom-up budgeting

D. zero-based budgeting

<u>Answer:</u>

In the given scenario, Fifian Inc. most likely uses top-down budgeting

<u>Explanation:</u>

Top-down budgeting relates to a budgeting system where senior management equips a high-level estimate for the company. Through top-down budgeting, the company’s administration views prior practices and contemporary market circumstances.

Customarily, department directors and lower-level staff do not partake in the meetings but may put forward proposals for consideration. Such a kind of budget concentrates on the overall germination of the organization. Since managers are not a member of the budget-making method, they may not perceive much urge to assure their success.

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Answer:

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Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec
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Answer:

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3 years ago
Which of the following companies has the lowest degree of leverage?
LiRa [457]

The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.

<h3>What is a degree of leverage?</h3>

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Therefore, the Option C is correct.

Missing options "90% Debt, 10% Equity

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20% Debt, 80% Equity

50% Debt, 50% Equity"

Read more about degree of leverage

<em>brainly.in/question/8720374</em>

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3 years ago
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