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WINSTONCH [101]
3 years ago
15

A flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. T/F

Business
1 answer:
olga55 [171]3 years ago
5 0

Answer:

False

Explanation:

A flexible budget is a financial plan that varies with the levels of output and input. It is a budget that adjusts to the needs of a company and the actual revenue levels.  Flexible budgets contrast fixed budgets that remain the same regardless of actual income levels.

A flexible budget uses actual revenues for a period. It records the actual expenses incurred, whether fixed or variable.  A flexible budget like other financial plans and will have fixed, and variable costs indicated separately. Separating fixed and variable cost helps the management in evaluating financial performance for that period.

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Answer:

$ 1844

Explanation:

A = P (1 + r / n) ^ nt ; where

A = Final Amount , P = Principal base, r = Interest rate , t = no. of time periods (usually years) , n = compounding in a time period (annually)

Given : P = 1700 , r = 2% , t = 4 , n =  12

A = 1700 [ 1 + 0.02 / 12 ] ^ (12 x 4)

1700 [ 1 + 0.0017 ] ^ (12 x 4)    

1700 [ 1.0017 ] ^ 48  

1700 [1.0849]

= 1844

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Answer:A

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Explanation:

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The main function of front-line managers is to oversee departments and employees. According to Lumen Learning, they are responsible for ensuring that the team achieves the goals of the organization.

Conceptual skill. These skills represent the manager's ability to organize and analyze information to improve the performance of the organization. This includes the ability to see the entire organization and understand how the different parts combine to act as an integrated unit.

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I just got it right

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