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nirvana33 [79]
3 years ago
14

Which of the following is not a benefit of using a computerized budgeting system? A. Such systems speed up and reduce the cost o

f preparing the budget. B. Such systems make revisions easier with faster results. C. Such systems can streamline the budgeting process. D. Such systems require more employees to be involved in the process.
Business
1 answer:
stealth61 [152]3 years ago
7 0

Answer:

Computaried budgeting systems help companies in the budgeting process, which is used to easily put together finantial statements in order to gauge future operations for the company since they process the budget very fast, reducing the amount of resources employed by the company in such tasks.

Thus the option which is Not a benefit would be <em>(</em><em>D.</em><em>)</em>.

Explanation:

You might be interested in
Name two different methods for evaluating evidence. compare and contrast these two methods.
BARSIC [14]

The two different methods for evaluating evidence are the quantitative method and the qualitative method.

The quantitative method is where it is based on measurements and statistics or analysis of data by gathering with the use of surveys and questionnaires.

The qualitative method is focused on having to show explanations or opinions regarding about the study of which will develop ideas and identify or have insights regarding about the problem.

5 0
3 years ago
a blank is sent to you from the_____each month showing the transactions you made with your checking account
GaryK [48]
A (mail) is sent to you from the( bank)
5 0
3 years ago
Kansas Company acquired a building valued at $166,000 for property tax purposes in exchange for 10,000 shares of its $4 par comm
Kay [80]

Answer:

$200,000

Explanation:

Asset is recorded in the books on a value of the consideration paid at the time to acquire the asset. In this question the building is purchased by issuing $200,000 (10,000 shares x $20) value of shares.So, the building should be recorded at a value of $200,000 in the books.

The Journal Entry for the transaction is as follow:

Dr.  Building                                                                         $200,000

Cr.  Common Stock (10,000 x $4)                                      $40,000

Cr.  Add-in-Capital common stock ($200,000-$40,000) $160,000

6 0
3 years ago
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead c
leva [86]

Answer:

1. $3,380

2. $2,175

Explanation:

Part 1

Predetermined overhead rate = Total Overheads for the Company ÷ Total  Direct labor-hours for the Company

                                                  =  $ 15,080,000 ÷ 232,000

                                                  = $65

Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) =  $3,380

Part 2

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,250,000 ÷ 145,000

                                                  = $50

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,830,000 ÷ 290,000

                                                  = $27

Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175

3 0
3 years ago
In 1969, Malcolm bought a Pontiac Firebird for $2,500. If the price index was 36.7 in 1969 and the price index was 235 in 2013,
Ilya [14]

Answer:

Option (d) $16,008.17

Explanation:

Data provided in the question:

The price of the Firebird in 1969 = $2,500

Price index in 1969 = 36.7

Price index in 2013 = 235

Now,

The price of the Firebird in 2013 dollars will be

= [ Price index in 2013 ÷ Price index in 1969 ] × The price of the Firebird in 1969

= [ 235 ÷ 36.7 ] × $2,500

= 6.40327 × $2,500

= $16,008.17

Hence,

Option (d) $16,008.17

6 0
3 years ago
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