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3 years ago

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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8. What includes retail sales, housing starts, and truck and auto sales

GREYUIT [131]

Answer:

monthly data series in a GDP

Explanation:

A GDP is defined as the actual domestically manufactured or produced products or the services provided in a financial year which describes or estimates the financial status or economic status of a country. GDP stands for Gross domestic product.

By analyzing the monthly data series of goods or services produced one can predict the real GDP of a country to be. One can use the monthly observations of the employment, unit auto as well as truck sales, sousing starts, retail sales, trade, automobile inventories, manufacturing, shipment of machinery and equipment, index of the industrial production, etc. to predict the GDP growth or get an idea of the GDP figures that are going to show the robust growth of the economy.

7 0

2 years ago

Strong language often means

Sav [38]

The answer is b.

Strong language often means strong feelings on the side of the speaker. Strong language is another way of saying vulgar or foul language, and is usually used by people who are angry.

Thank you for posting your question. I hope you found what you were after. Please feel free to ask me more.

8 0

3 years ago

Read 2 more answers

Culver Corporation purchased machinery on January 1, 2022, at a cost of $288,000. The estimated useful life of the machinery is

Digiron [165]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing price= $288,000

Useful life= 4 years

Salvage value= $33,800

First, we will calculate the depreciation expense using the straight-line method:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (288,000 - 33,800)/4

Annual depreciation= $63,550

Now, using the double-declining balance:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*63,550= 127,100

Year 2= [(254,200 - 127,100)/4]*2= $63,550

Year 3= [(127,100 - 63,550)/4]*2= $31,775

Year 4= [(63,550 - 31,775)/]*2= $15,887.5

6 0

3 years ago

Iceland produces two goods: Viking hats (Y) and fish (X). Its production possibilities frontier is characterized as: Y = 50 – 2X

svlad2 [7]

Answer: C

Explanation: from the given function Y=50-2X, Y is the dependent variable which represent the Viking Hat, while X is the independent variable representing Fish production.

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3 years ago

An economic model can be defined as___________a. a testable claim which can be evaluated with proper data.b. a representation of

Radda [10]

Answer:

b. a representation of a theory or a part of a theory

Explanation:

A model is different from theory because is a more applied and empirical representation of a situation while the theory is more abstract. An economic model is a simplified prediction of a complex and real economic behavior, it uses variables to analyze different scenarios, it also uses logical and quantitative relationships between economic processes, is usually mathematical. The results of these models can lead to a new investigation, theorization or to prove theories.

I hope you find this information useful and interesting! Good luck!

5 0

3 years ago