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baherus [9]
3 years ago
12

For an airline, which of the following would not be an operational budget? A cash receipts budget of flying consumers. A budget

of planned air miles to be flown. A fuel budget. A materials budget for aircraft parts. A labor budget for flight crew.
Business
2 answers:
Alika [10]3 years ago
5 0

Answer:

A cash receipts budget of flying consumers.

Explanation:

A cash receipts is the amount in an accounting period that is the money a company receives from the sales they make in previous and current times. A business usually takes some percentage of its sales in the quarter in which it makes them and receives the remaining portion in the next quarter. Therefore, the budgeted cash receipts are the amounts of cash they expect to receives based on the forecasted sales in your sales budget.

katrin [286]3 years ago
4 0

Answer:

A cash receipts budget of flying consumers.

Explanation:

Operational budget is defines as all the profits and expenses a business realises as a result of planning it's operations.

Usually an operational budget is set before activities begin, and is a target to be achieved.

For an airline cash receipts of flying customers is not a revenue realised as a result of planning operations, so this is the correct answer.

However a fuel budget, material budget for parts, and labour budget for flight crew are operational budgets.

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Kyla replaces Lomax in his job at Motor Corporation. Lomax believes that he has been discriminated against on the basis of his a
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For the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.

<h3>What is  Age Discrimination in Employment Act?</h3>
  • Age discrimination against anyone over the age of 40 is prohibited by the Age Discrimination in Employment Act (ADEA).
  • It does not cover workers under the age of 40, while some states have legislation prohibiting age discrimination against younger workers.
  • Certain applicants and employees 40 years of age and older are protected from age discrimination in hiring, promotion, discharge, salary, or terms, conditions, or privileges of employment under the Age Discrimination in Employment Act of 1967 (ADEA).
  • If a company promotes ageism in the workplace, it is likely to observe a decrease in productivity and an increase in attrition.
  • A business with low morale and an inability to retain a steady workforce has little prospect of long-term success.

Therefore, for the Age Discrimination in Employment Act to apply Lomax must be forty years of age or older.

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The correct question is given below:
Kyla replaces Lomax in his job at Motor Vehicle Manufacturing Corporation (MVMC).

Refer to Fact Pattern 18-1. Lomax believes that he has been discriminated against on the basis of his age. For the Age Discrimination in Employment Act to apply

6 0
1 year ago
The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investm
kondor19780726 [428]

Answer:

All the options given are examples of investment.

Explanation:

Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.

All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.

3 0
3 years ago
Lok Co. reports net sales of $5,856,480 for 2016 and $8,679,690 for 2017. End-of-year balances for total assets are 2015, $1,686
mart [117]

Answer:

2016 = $3.36

2017 = $4.59

Explanation:

The solution of total assets turnover is shown below:-

Particulars                                              2016          2017  

Total assets in the beginning     $1,686,000    $1,800,000

Total assets at the end                $1,800,000    $1,982,000

Average assets                            $1,743,000    $1,891,000

(Assets in the beginning + Assets at end) ÷ 2

Sales revenue                               $5,856,480   $8,679,690

Total assets turnover                     $3.36              $4.59

(Sales revenue ÷ Average Total assets)

4 0
3 years ago
The perfect home brokerage firm was found guilty of running deceptive ads. the federal trade commission might require all of the
pychu [463]

The perfect home brokerage firm was found guilty of running deceptive ads. The federal trade commission might require all of the following except Letters of apology to all affected consumers.

<h3>What is the federal trade commission?</h3>

The Federal Trade Commission is an independent agency of the United States government whose primary objective is to enforce civil antitrust law in the United States and to promote consumer protection.

The FTC and the Department of Justice Antitrust Division share authority over federal civil antitrust enforcement.

The federal trade commission is essentially a police that protects trade especially consumers.

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4 0
1 year ago
Milford Company sells a motor that carries a three-month unconditional warranty against product failure. Based on a reliable sta
Solnce55 [7]

Answer: See explanation

Explanation:

Number of units sold = 76000

Percentage repair= 2%

Estimated defective units = Percentage repair × Units sold = 2% × 76000 = 1520

Actual defective units = 490 + 350 + 210 = 1050

Unclaimed warranty = Estimated defective units - Actual defective units = 1520 - 1050 = 470

Repair cost = $50

Warranty expense = 470 × $50 = $23500

The journal entry will then be:

31 December:

Debit: Product warranty expense = $23500

Credit: Estimated liability for product warranty = $23500

3 0
3 years ago
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