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lakkis [162]
3 years ago
7

Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a

higher level of performance. c.It fosters a sense of responsibility. d.It encourages greater goal congruence. e.It fosters a sense of creativity in managers.
Business
1 answer:
Crank3 years ago
6 0

Answer:

A. It encourages budgetary slack.

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The principle of exceptions allows managers to focus on correcting variances between________.
Amiraneli [1.4K]

Answer:

b.standard costs and actual costs.

Explanation:

the principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.

6 0
3 years ago
Is the seller always responsible for shipping goods to the buyer?
Shtirlitz [24]
No, it depends on the company.
5 0
3 years ago
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At December 31, 2020, Ivanhoe Corporation had a deferred tax liability of $26,800. At December 31, 2021, the deferred tax liabil
Tju [1.3M]

Answer:

$65,300

Explanation:

Ivanhoe's income tax expense = deferred tax liability 2021 - deferred tax liability 2020 + current tax expense 2020 = $42,800 - $26,800 + $49,300 = $65,300

A deferred  tax liability occurs when a corporation's income statement shows a certain amount following US GAAP, but the tax rules used by the IRS determine a different amount.

5 0
3 years ago
Third-Party Woes. Trudy owed Sam $40 for a book she purchased from him. Trudy mowed Betty's yard for $40 and agreed with Betty t
Blizzard [7]

Answer:

Refer below.

Explanation:

Answer is intended both & Done.

6 0
3 years ago
During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its o
SCORPION-xisa [38]

Answer:

B) Total assets increased by $200.

Explanation:

If during Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone:

Then it is correct that there was a net income of $350 before the payment of dividend which is gotten by 1,950 - 1,600. Cash from operating activities will also be the same amount of $350.

However it will not be correct to state that assets increased by $200 as there is no such indication.

6 0
3 years ago
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