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Illusion [34]
3 years ago
14

Budgets are normally more effective when all levels of management are involved in the budgeting process. True or False

Business
1 answer:
oksano4ka [1.4K]3 years ago
3 0

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.
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The ABC Corporation decreases all of its inputs by 12 percent and finds that its output falls by only 8 percent. This means that
RoseWind [281]

Answer:

In the range of diseconomies of scale

Explanation:

Economies of scale refers to a concept whereby a firm accrues cost advantage owing to it's increased scale of production.

Economies of scale points towards efficient production.

Conversely, Diseconomies of scale refers to the phase wherein a firm experiences cost disadvantages owing to increase in organizational operations and output level.

Reasons for operation of this phase being, lack of motivation and proper coordination between employees since there are too many employees and management gets difficult.

In the given case, as the corporation decreased it's inputs, the output fell less proportionately which means the firm was earlier operating in the phase of diseconomies of scale.

6 0
3 years ago
If Jane Key invests $18,527.74 now and she will receive $40,000 at the end of 10 years, what annual rate of interest will she be
SSSSS [86.1K]

Answer:

C. 8%

Explanation:

Future value factor:

= $18527.74 / $40000

= 0.4631935

At 8% for 10 years the future value factor is 0.4631935

Note: Proof of calculation is attached below as picture

4 0
3 years ago
Play-It-Loud, LLC, provides music-streaming services online subject to complex pricing schedules. To control specific offers for
topjm [15]

Answer:

b. ​a provision relating to the resolution of any dispute.

Explanation:

As the company provides a streaming service that has complex pricing schedules and when the customers make purchases a contract in which both parts have obligations appears, it is important that the terms are clear and one important point is to include a provision relating to the resolution of any dispute that establishes the ways in which a problem that may arise between both parts can be fixed following a procedure that is detailed there to avoid serious issues that can result in spending a lot of money in legal fees.

7 0
3 years ago
Will give brainliest
Verdich [7]

Answer:

The answer is a

Explanation:People exert more control over their careers by changing jobs more frequently.

8 0
3 years ago
Presented below is information for Headland Company.
OlgaM077 [116]

Answer and Explanation:

The computation is shown below:

For account receivable turnover ratio

Accounts Receivable Turnover is

= Sales ÷ Average Receivables

Beginning Accounts Receivable  $21,400

Add: Sales                                 $105,300

Less: Cash Receipts                $81,300

Ending Accounts Receivable   $45,400

Now

Accounts Receivable Turnover is

= $105,300 ÷ ($21,400 + $45,400) ÷ 2

= 3.15 times

Now days to sell is  

= 365 ÷ 3.15 times

=116 days

5 0
3 years ago
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