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lina2011 [118]
3 years ago
5

What budgeting option is best used only with limited resources and expenses?

Business
2 answers:
katrin [286]3 years ago
8 0
If its used only with limited resources and expenses, then the correct budgeting option would the Mental Budgeting which fits very good into this description. Hope this can help
4vir4ik [10]3 years ago
4 0

Answer: Mental budgeting.


Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.

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People who make goods and services are called _____ . <br> consumers<br> producers<br> investors
Aneli [31]
People who make goods and services are called PRODUCERS.

They are called producers because they produce the goods and services needed by the consumers.

Consumers are people who requires the goods and services provided by the producers.


8 0
3 years ago
Read 2 more answers
Decision alternatives:_______
LenaWriter [7]

Answer:

The correct answer is letter "A": should be identified before decision criteria are established.

Explanation:

Decision criteria represent the set of steps individuals take while making a decision. Before taking a decision and selecting decision criteria, the decision alternatives must be outlined. Thanks to these alternatives a problematic situation will be resolved.

3 0
3 years ago
Which of the following is not true regarding economic exposure? a. The impact of a change in the local currency on inflow and ou
Natali [406]

Answer:

Option A The impact of a change in the local currency on inflow and outflow variables can sometimes be indirect and therefore different from what is expected.

Explanation:

The reason is that the changes in the currency exchange rate in which the company receives the payment and is also not a home currency, such risk exposure is known as economic exposure. So the only option that correct here is option A.

Option B is incorrect because depreciation is non cash item and it is not exposed to currency fluctuations.

Option C and D are also incorrect because domestic firms don't face any economic exposure.

8 0
3 years ago
Mikey W. Smitty, an emerging rapper, is getting ready to cut his first CD, called "Western Rap." He is looking for a production
Gekata [30.6K]

Answer:

(i) 900 CDs

(ii) Greater than; $1,650

Explanation:

(1) Break-event point will be when the contribution margin from total sales is equal to fixed costs,

Contribution Margin = Selling price - variable cost

                                  = $(21.5 - 9.5)

                                  = $12

Contribution Margin *Number of CDs sold = $10,800

Break-even point for Studio A = 10,800 ÷ 12

                                                    = 900 CDs

(2) Studio A would be more profitable when the extra profit earned from per unit sale of CD exceeds the extra fixed cost given in Studio A.

Extra Contribution margin in Studio A = $(12-10)

                                                               = $2

Extra Fixed cost in Studio A = $(10,800 - 7,500)

                                               = $3,300

Studio A should be chosen if sales is greater than (3300/2) = $1,650.

4 0
3 years ago
Under section 404 of the sarbanes oxley act auditors are required to
siniylev [52]
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6 0
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