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3 years ago

A static planning budget

Business

1 answer:

bixtya [17]3 years ago

8 0

Answer:

C and D

Explanation:

In preparing a static budget, managers use predicted values for inputs and outputs. The anticipated prices are adopted at the beginning of the accounting period. A static budget is a forecast of the expected revenues and expenses of an organization over a specified period. The prices used in a static budget remain unchanged regardless of market fluctuations. Static budgets are also called fixed budgets

At the end of a period, the actual numbers realized may be quite different from the figures in a static budgeted. Managers use static budgets to target the level of expenses, costs, and revenues. Governments departments and non-profit organizations use static budgets as their incomes are unlikely to change throughout a period.

Management compares the actual results at the end of a period, and the budgeted numbers at the beginning to measure perfomance or achievement. The comparison is for both revenues and expenditures.

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Zinaida [17]

Answer:

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3 years ago

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Korvikt [17]

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Option A is correct

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1 year ago

On June 1, 2018, Cork Oak Corporation purchased a passenger automobile for 100 percent use in its business. The auto, with a cos

lubasha [3.4K]

Answer:

=$ 4400

Explanation:

Under the Macrs depreciation schedule, motor vehicles as assets have a useful life of 5 years. In the first year, the deprecation rate id 20%, followed by 32% in the second year.

For cork oak corporation: the value of the motor vehicle is 22,000

Date of purchase 2018, years in depreciation: 1

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5 0

4 years ago

In the systems planning phase, a key part of the preliminary investigation is a feasibility study that reviews anticipated costs

omeli [17]

Answer:

a) True

Explanation:

The Planning Phase is the fundamental two-step process of understanding why an information system should be developed and creating a plan for how the project team will develop it. ... They decide whether it is advisable to proceed with the system development project.

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3 years ago