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lakkis [162]
4 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:
Crank4 years ago
6 0

Answer:

A. It encourages budgetary slack.

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A bank account has an initial balance of $450. The account holder deposits $125 every week. How many weeks (excluding any intere
LUCKY_DIMON [66]
It will take the account holder 15 weeks to come up with a principal balance of $2325.

How?

Principal Balance - Initial Balance: $2325 - $450 = $1875

The account holder needs $1875 more in order to come up with the total principal balance of $2325.

$1875 / Weekly Deposits: $1875 / $125 = 15 Weeks
7 0
3 years ago
Read 2 more answers
Sthilaire Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct la
Fed [463]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company is committed to paying its direct labor workforce for at least 960 hours a month.

We need to calculate the total number of hours required each month.

April:

Direct labor hours= 1,700 units* 0.52= 884 hours

Total cost= 960 hours*$9= $8,640

May:

Direct labor hours= 1,600 units* 0.52= 832 hours

Total cost= 960 hours*$9= $8,640

3 0
3 years ago
What is a tariff?
gregori [183]
A tariff is a tax on imports from other countries. <span />
3 0
3 years ago
The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who pu
Lerok [7]

Answer:

Indenture; convertibility provision

Explanation:

Indenture refers to a legal contract that bounds the bondholder and the issuer. This contract specifies important features of the bond like its type (convertible or callable), maturity date, interest payment time and rate. In other words, it includes all the terms and conditions related to the issue of bond.

One of the types of bonds is convertible bonds. Due to the provision of convertibility, these bonds can be converted to a stipulated number of common shares that are decided in advance.

8 0
3 years ago
You are organizing an executive event for the company you work for. Write a letter to the person in charge of a venue that you a
babymother [125]

Answer:

                                  Mi-Tech Information and Communication INC,

                                  43 D-Drive, Michigan,

                                  USA.

                                  August 8th, 2020.

The Empire Event Center INC,

3 Boulevard avenue, Michigan,

Sir,

            INFORMATION INQUIRY FOR HOSTING AN EVENT

As the communication officer of the above named company, I wish to bring to your notice about our aim of hosing our end of the business year party using your facility. This is based on the agreement reached by the management board.

Unfortunately, due to lack of detailed information and financial implication involved, I was asked to write to your company. The information I need from your company include:

1. The cost of the event Venue

2. The cost of catering of food for 200 people in the venue. Drinks and water would be inclusive.

3. The entertainment, would it be free when renting the event venue or it would attract extra charge?

4. The valet who would render services, what are their charges like or would the cost be catered by your company?

5. The proposed date for the party is 30th and 31st December. Hope your organization is not engaged by that time?

6. What other extra services is available and which your company offers for such events we are planning to host?

7. Is there any other extra cost which my company should be aware of if we are to use your facility?

I will need to relay back to the management board the above answers to questions which I asked above. I look forward to your response soonest.

Yours sincerely,

Adam Michael (Communication officer)

For: Mi-Tech Information and Communication INC.

Explanation:

8 0
4 years ago
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