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Ann [662]
3 years ago
7

A master budget​ ________. A. is the initial plan of what the company intends to accomplish in the period and evolves from both

the operating and financing decisions B. improves​ companies' market capitalization and evolves from both the investing and financing decisions C. provides an ethical framework for decision making D. is a substitute for the management functions of planning and coordination
Business
2 answers:
Gala2k [10]3 years ago
8 0

Answer:

A) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions

Explanation:

A master budget is important because it helps upper management to revise business plans and strategies. By using a master budget, upper management can determine what needs to be done in order to implement the company's plans or strategies.

The master plan of a company is the aggregation of all the budgets elaborated by the company's departments, units or lower level functional areas. One of the most important part of a master budget is the expected or budgeted financial statements, cash flows and financing requirements.  

The master budget serves as a guide that if followed properly (there should always be a small room for corrections) should help the company achieve its goals.

yaroslaw [1]3 years ago
4 0

Answer:

The correct answer is option D) A Master Budget is is a substitute for the management functions of planning and coordination.

Explanation:

A master budget is not the initial budget a company makes, It is the final budget that incorporates all other specific budgets such as financial budget, operational budget, production budget, marketing budget and ore.

It serves a central  planning tool that a management team uses to direct the activities of a company, set targets and execution strategy.

It also provides a framework to judge performance for respective departments.

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Define finance charge
Setler [38]

Answer:

A finance charge is the cost of borrowing money, including interest and other fees. It can be any fee representing the cost of credit, or the cost of borrowing.

Explanation:

7 0
3 years ago
Read 2 more answers
SME Company has a debt-equity ratio of .60. Return on assets is 7.5 percent, and total equity is $486,000. a. What is the equity
polet [3.4K]

Answer:Equity multiplier=1.6

Explanation:

Debt equity ratio is given as  debt/equity , Therefore

Debt  = Debt equity ratio  X Equity

=0.60 x $486,000

= $291,600

The  Total assets given as Liability(debt+equity)  will now be

=$291,600+$486,000

=$777,600.

Therefore Equity multiplier, Total assets/Total equity

=(777,600/486,000)=1.6

7 0
3 years ago
which of the following is not one of the main concerns about putting a high priority on economic efficiency? efficient results c
strojnjashka [21]

One of the main issues with placing a high priority on economic efficiency is not that incentives for efficiency can inhibit innovation. Thus, pick the last option among the choices, <u>"</u><u>incentives for efficiency</u><u> can reduce innovation."</u>

Concerns with giving economic efficiency a high emphasis include the possibility of efficient outcomes that are unfair. One of the key issues with giving economic efficiency a high priority is the demand, which should represent ability to pay rather than just marginal benefit or gain. Thus, the first and second options cannot be the correct answer.

One of the main concerns about putting a high priority on economic efficiency is that the efficiency focuses on outcomes, but means also matter, which is why the third option cannot be the answer for this question.

Learn why efficiency is an important economic goal: brainly.com/question/22825585

#SPJ4

Which of the following is not one of the main concerns about putting a high priority on economic efficiency?

  • efficient results can be unfair.
  • demand reflects ability to pay and not solely marginal benefit.
  • efficiency focuses on outcomes, but means also matter.
  • incentives for efficiency can reduce innovation.
6 0
1 year ago
The employees of Sinclair Services Company worked the last two weeks of December. They received their paychecks on January 2. Wh
Anna35 [415]

Answer:

A) Salaries Payable

Explanation:

The Balance sheet consists of all assets and liabilities account and the personal account whereas. Since employees had worked for last two weeks in Dec and their payment is still due on Dec 31 so it’s a liability on part of company account and its recognized in form of salaries payable and shown under current liability side.

3 0
3 years ago
Which statement best describes how an informational interview differs from a job interview
Luda [366]

I think the most appropriate answer would be A.

I hope it helped you!

8 0
2 years ago
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