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
Zinaida [17]
2 years ago
9

The purpose of the forecast should be established first so that the level of detail, amount of resources, and accuracy level can

be understood.True / False.
Business
1 answer:
nadya68 [22]2 years ago
3 0

Answer: True

Explanation:

 Yes, the given statement is true that the forecast are establish first so that we can easily understand the different types of factors such as amount of the resources, detail and the level of the accuracy.

The forecast is one of the technique that is used for the historical data or the information that helps in estimating the actual direction and also allocating their specific budget and different types of plans.

 Therefore, The given statement is true as these all above given considerations are used for the purpose of forecast.    

 

You might be interested in
Over the past two years a cloud service consumers have made 24,531 attempts to invoke a cloud service's reporting capability. of
Slav-nsk [51]
The reliability rating of the cloud service is about <span>93.37%.</span>
5 0
3 years ago
Rizenton-Pharm, a pharmaceutical company, produces a significant amount of chemical waste every day. The company disposes the wa
LenaWriter [7]

Answer: (B) Legal responsibility

Explanation:

 The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.

The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.

According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.

Therefore, Option (B) is correct answer.

7 0
3 years ago
When higher prices result in a lower quantity demanded, economists call this relationship: a. the law of quantity. b. the demand
Zanzabum

Answer:

d. the law of demand

Explanation:

One of the foundations of current economy,  the inversely proportional relationship between prices and quantity demanded, that is, the higher the price the lower the demand, is known by economists as the law of demand.

This law is a key factor in the determination of prices of goods and services that we see each day and reflects the decrease in the marginal utility of each extra unit with an increase in price.

4 0
3 years ago
In a market economy, decisions about which goods are produced are based
notsponge [240]

Answer:

A what businesses believe will generate the most profits.

Explanation:

In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.

The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.

5 0
2 years ago
Read 2 more answers
Suppose investment is $1,100 billion, private saving is $1,050 billion, and capital inflow from abroad is $100 billion. Solve th
Sauron [17]

Anoveoswer:

The government deficit is $150 billion

Explanation:

Current Account (CA)  = Savings(S) -Investment(I).

Current account (CA)  is also conventionally defined as (X-M) (value of exports – value of imports) + Net income from abroad. (R)

CA = (X-M) + (R)

In this case CA= $1050 billion - $1100 billion

                      CA= -$50 billion

Therefore CA = (X-M) + (R)

           - $50 billion = x + $100 billion

       X-M= -$100 billion + -$50 billion=  -$150 billion

8 0
3 years ago
Other questions:
  • A company pays its employees $4,000 each Friday, which amounts to $800 per day for the five-day workweek that begins on Monday.
    9·1 answer
  • The collection of shosoin imperial repository indicates the extensive international exchange between _______ that took place dur
    15·1 answer
  • The following budget information is available for the HD Sales Company (HDC) for January: Sales $ 320,000 Freight out $ .25 per
    5·1 answer
  • Labor and employers agreed to a new ""social contract"" that included all of the following provisions EXCEPT: a. employers exten
    13·1 answer
  • Consider the market for a breakfast cereal. The​ cereal's price is initially ​$3.003.00 and 7070 thousand boxes are demanded per
    7·1 answer
  • As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dil
    15·1 answer
  • Jobs sights on the internet tend to be all alike. True or false?
    11·1 answer
  • The following information relates to Ivanhoe Co. for the year ended December 31, 2020: net income $1,180 million; unrealized hol
    10·1 answer
  • The following data are available relating to the performance of Seminole Fund and the market portfolio: Seminole Market Portfoli
    11·1 answer
  • John paid $60,000 to replace the roof on a warehouse he used in his business. In addition, he spent $12,500 to demolish and remo
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!