Planning, collecting, analyzing, and using data to improve your work. l
Answer:
there is a low chance of reservice
Explanation:
Answer:
The answer about A static budget would be
Explanation:
A static budget is a type of budget that incorporates anticipated values on inputs and products that are conceived before the period in question begins. When compared to the actual results that are received after the fact, the static budget figures are often very different from the actual results.
The static budget is intended to be fixed and unchanged throughout the period, regardless of fluctuations that may affect the results.
For example, under a static budget a company would establish an anticipated expense, say $ 30,000 for a marketing campaign, for the duration of the period. It is then up to the managers to adhere to that budget, regardless of how the cost of generating that campaign really stays during the period.
This type of budgeting is limited by the ability of an organization to accurately forecast what its needs are, how much it will spend to meet them and what its operating income will be during the period. Static budgets can be more effective for organizations that have highly predictable sales and costs, and for shorter periods of time.
For example, if a company sees the same costs in materials, profits, labor, advertising and production month after month to maintain its operations and there is no expectation of change, a static budget may be adequate for its needs.
Answer:
Total cash collection= $158,000
Explanation:
Giving the following information:
40% in the month of sale
56% in the month following sale
4% in the second month following sale
Sales:
January $210,000
February $160,000
March $150,000
<u>Cash collection:</u>
From March= 150,000*0.4= 60,000
From February= 160,000*0.56= 89,600
From March= 210,000*0.04= 8,400
Total cash collection= $158,000
Answer:
A) One important difference between using cigarettes and using dollars as money is that cigarettes have intrinsic value.
B) U.S. dollars are an example of fiat money.
Explanation:
Prisioners had two uses for cigarettes: they could use them as a medium of exchange, thus acted as money, and they could use cigarettes to smoke. Therefore the intrinsic value of cigarettes would be the tobbacco which is used to smoke, as opposed to U.S. dollars where its intrinsic value is just the paper or metal if it were a coin.
U.S. dollars are an example of fiat money because it's a currency that has been established as legal tender by the U.S. Government, but it has no intrinsic value of its own.
