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lyudmila [28]
3 years ago
11

The budgeting process that involves adding a month to the end of the budget period at the end of each month, thus maintaining a

twelve-month planning horizon, is referred to as:
Multiple Choice
a. participative budgeting.
b. continuous budgeting.
c. zero-based budgeting.
d. capital budgeting.
Business
1 answer:
In-s [12.5K]3 years ago
4 0

Answer:

b. continuous budgeting

Explanation:

Continuous budgeting (sometimes referred to as rolling budgeting) involves continually adding an additional month to the end of a multi-period budget as each month goes by.

The continuous budgeting concept is usually applied to a twelve-month budget, so there is always a full year budget in place.

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Many financial institutions rely heavily on debt to fund their operations, and they are interconnected by virtue of financing ea
vazorg [7]

Answer:

B

Explanation:

Systemic risk occurs when there is a possibility that a company or a sector of the economy may go into crisis and negatively influence the entire economy of a country. They can happen in companies that are extremely relevant to the economy and would influence in many other sectors causing economic crisis

6 0
3 years ago
Assume that Live Co. has expected cash flows of $200,000 from domestic operations, 200,000 Swiss francs from Swiss operations, a
jok3333 [9.3K]

Answer:

$559,500

Explanation:

To find Live Co.'s expected dollar cash flows at the end of this year convert the Euro and Swiss francs amounts to dollar using their respective rates and then add all of the dollar amounts.

Swiss francs in dollars:

S = 200,000*0.83 = \$166,000

Euros is dollars:

E = 150,000*1.29 = \$193,500

Dollar cash flow:

C=D+S+E\\C = \$200,000+\$166,000 +\$193,500\\C=\$559,500

The company's expected dollar cash flows are $559,500.

8 0
3 years ago
At December 31, 2021, Sunland Company had a credit balance of $15,300 in Allowance for Doubtful Accounts. During 2022, Sunland w
andrezito [222]

Answer:

See below

Explanation:

During 2022, Sunland Company wrote off accounts totalling $12,800

Entry

Allowance for doubtful account Dr $12,800

---------- To Accounts receivable Cr $12,800

(Being entries to write off accounts initially provided for)

Only one of those accounts ($1,700) was later collected

Entry

Cash account Dr $1,700

----------- To Bad debt expense Cr $1,700

(Being entries to record receipt of cash from account previously written off)

At December 31, 2022 an aging schedule indicated that the balance in Allowance for Doubtful accounts should be $26,800

Entry

Bad debt expense Dr $24,300

---------------- To Allowance for doubtful debt Cr $24,300

(Being entries to recognize bad debt expense at year end based on aging schedule)

Workings

Adjustment required for doubtful accounts

= $26,800 - ($15,300 - $12,800)

= $24,300

3 0
3 years ago
The total cost analysis demonstrates how other costs besides the unit cost can affect purchase decisions. True False
zvonat [6]

Answer:

That statement is true

Explanation:

In order to conduct a total cost analysis, a company need to calculate every single relevant cost that occurs within  an operation  or project from start to finish. From this, the company usually can find out about hidden costs that might occurs outside the initial plan.

The decision makers can use this options to make their decision in the future. If the total hidden cost is larger than ideal, they can either implement a new budgeting plan or implement policies that minimize the hidden cost.

8 0
3 years ago
Which of the following firms is likely to have the greatest market power?A. a farmerB. an electric companyC. a local electronics
amid [387]

An electric company is like to have greatest market power.

Explanation:

An electric company falls under oligopoly market. An oligopoly market is that market that consist of few firms and large numbers of buyers. As a result the sellers have the power to change the price. Although if they increase  the price the customers will not be able to stop buying those goods.

Oligopoly market has the power to affect the demand as well as the supply . In case of market power the output reduces but there is no loss in economic welfare.

5 0
3 years ago
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