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omeli [17]
3 years ago
8

In a floating exchange rate system, a current account deficit is likely to be corrected by :

Business
1 answer:
antiseptic1488 [7]3 years ago
3 0

Answer:

a. a depreciation of the home currency

Explanation:

Floating exchange rate system is a system in which the exchange rates of any currency depends upon the forex market, basically the supply and demand force of the country in international trade.

Depreciation in home currency will make it cheaper for the country top export, as less payment need to be made for same goods by other country if the home country exports.

Imports will turn expensive, which shall decline imports.

Accordingly receipts will increase and payments will decrease, which shall result in re framing current account and the deficit shall be decreased and might be reversed into surplus.

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Answer:

The order in which the following budgets are generally prepared are as arranged below:

1. Sales budget

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4. Budgeted income statement

In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement

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4 years ago
Of these common educational requirements for Finance careers, select those you are most interested in achieving. Check all that
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Answer:

The correct options are Advanced degree after a traditional four year college degree and On the Job training Experience.

Explanation:

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3 0
4 years ago
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The total fixed overhead variance is:a. the difference between actual and budgeted fixed overhead costs. b. the difference betwe
kondaur [170]

Answer:

a. the difference between actual and budgeted fixed overhead costs.

Explanation:

As we know that

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So, the total fixed overhead variance is the difference between the actual fixed overhead costs and the budgeted fixed overhead costs i.e to be fixed in nature

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A vital component of marketing is ______, which involves letting customers know the benefits of the product/service, where you c
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The vital component of marketing is promotion.

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Hence, the blank will be filled by promotion.

To know more about promotion click here:

brainly.com/question/26312542

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