1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Why is it important to understand economics
Nookie1986 [14]
Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
5 0
2 years ago
Open a general journal for the City of Monroe Community Foundation Trust Fund and record the following transactions for the year
ICE Princess25 [194]

Answer:

The beginning part of the question is found below:

The City of Monroe Scholarship Foundation private-purpose trust fund had the following account balances on January 1, 2017:

                                                     Debits                                  Credits

Cash                                             $49,500

Accrued Interest Receivable       $7,500

Investments in Corporate Bonds $750,000

Net Assets Held in Trust                                                      $807,000

Totals                                            $ 807,000                       $ 807,000

Find below the necessary journal entries in the explanation section:

Explanation:

The interest received =6%*$750,000*6/12=$22,500

Dr Cash            $22,500

Cr Interest income(balance)       $15,000          

Cr Accrued interest receivable   $7,500

Additional funds of $205,500 received:

Dr Cash                  $205,500

Cr donation income                $205,500

the investment of $200,000 in corporation stock

Dr investment in corporation stocks  $200,000

Cr Cash                                                                  $200,000

receipt of half of the year annual interest on bonds(as calculated above at $22,500)

Dr cash    $22,500

Cr Interest income   $22,500

cash is debited when there is an inflow and credited in case of outflows

The investment account is debited because it is an asset

8 0
3 years ago
Suppose that in the U.S. consumer market, the demand for credit cards is increasing. As the demand for credit cards increases, w
Anna [14]

Answer:

Both equilibrium quantity and interest rate will shift to the right.

Explanation:

A shift to the right on those two factors candidates a general increase in the market.

As a demand for a certain product increase, The producer will match it up by increasing the supply of that product in order to accommodate as many consumers as possible. This will cause the equilibrium between demand and supply increased.

As the consumers base grow, there will be more competitors show up to offer the credits for the customers. This will make the potential income that credit providers decreased. As a response, it is very common for them to raise the interest rates for the credit.

8 0
3 years ago
In January, Prahbu purchased a new machine for use in an existing production line of his manufacturing business for $85,000. Ass
allochka39001 [22]

Answer: $89,550

Explanation:

When capitalizing the cost of a fixed asset, all the costs that were associated with acquiring it and setting it up for use are to be capitalized. This includes the cost of purchase, transportation and installation.

Periodic costs are to be expensed.

Cost to be capitalized:

= Purchase price + Installation price + Cost of critical test (this is needed to find out if the machine is operate appropriately so should be capitalized)

= 85,000 + 2,950 + 1,600

= $89,550

6 0
2 years ago
Suppose that the exchange rate is €1.25 = £1.00.Options (calls and puts) are available on the London exchange in units of €10,00
Lunna [17]

Answer:

On a more secure side, the firm should accept position in call just as put to support the conversion scale hazard totally.  

Size of a call choice on euro is 10,000 units in euro, in this way, the firm will require 10-call choices on the euro with strike in pounds.  

Size of put choice on pound is 10,000 units in pound, and one pound is equivalent to 1.25 euro, along these lines, to support the payables of euro 100,000 the firm will require 8 put choices.  

Accordingly, the firm ought to by 10 call alternative on the euro and sett 8 put choice on the pound. Along these lines, the right answer is 'first decision'.

7 0
3 years ago
Other questions:
  • ABC Corporation has 2.8 million shares of stock outstanding. The stock currently sells for $50 per share. The firm’s debt is pub
    9·1 answer
  • Getting a loan you have to repay is known as
    10·1 answer
  • Angola United Theaters, Inc. is considering opening a new movie theater in Angola, Indiana. The relevant cost of capital is 8%.
    10·1 answer
  • Custom Engines Company has the following estimated costs for the upcoming year: Direct labor costs $62,300 Direct materials used
    14·1 answer
  • Ireland Corporation obtained a $40,000 note receivable from a customer on June 30, 2016. The note, along with interest at 6%, is
    12·1 answer
  • Carmen is a member of a student taskforce that was asked to recommend solutions to the university's budget problem. when she not
    5·1 answer
  • The standard amount warning which notifies your company that you are going to quit your job is _______. a. One week’s notice b.
    13·2 answers
  • Which option best describes a professional person?
    15·1 answer
  • Before introducing a new product to the​ market, a food products company conducts market research to identify the​ lifestyles, p
    12·1 answer
  • Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!