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Misha Larkins [42]
4 years ago
8

All of the statements are correct except: Multiple Choice flexible budget performance reports provide more useful information to

managers than a simple comparison of budgeted to actual results. to generate a favorable variance for net operating income in a business, managers must take actions to increase client-visits. a flexible budget performance report separates the effects of how well prices were controlled and operations were managed. to generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs.
Business
1 answer:
damaskus [11]4 years ago
3 0

Answer:

To generate a favorable overall revenue and spending variance, managers must take actions to increase the prices of inputs. Incorrect

Explanation:

For the statement to be termed as correct, it has to be; <em>To generate a favorable overall revenue and spending variance, managers must take actions to protect selling prices, increase operating efficiency, and reduce the prices of inputs.</em>

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Blythe Industries reports the following account balances: inventory of $417,600, equipment of $2,028,300, accounts payable of $2
AleksAgata [21]

Answer:

The current assets amounts to $783,400

Explanation:

Current asset is the asset which are expected to be consumed, exhausted or sold by the normal business operations within the present accounting period.

The current assets of the industry is computed as:

Current assets = Inventory + Accounts receivable + Cash

where

Inventory is $417,600

Accounts receivable is $313,900

Cash is $51,900

So, putting the values above:

Current assets = $417,600 + $313,900 + $51,900

Current assets = $783,400

NOTE: Equipment is the assets but it is a long term assets and accounts payable is the liability for the business. So, these both will not included while computing the current assets.

5 0
4 years ago
A group formed by people seeking friendship or pursuing common interests that has no official leader or specific organizational
Mice21 [21]

Answer:

C. informal group

Explanation:

An informal group is the one created naturally by employees for their own sake, <em>their formation is voluntary with no official leader and relationships are personal, based on the member's interests.</em> Considering this information the correct answer is C. informal group.

I hope you find this information useful and interesting! Good luck!

5 0
4 years ago
When communicating during a job interview, an advantage is that you can
bogdanovich [222]

When communicating during a job interview, an advantage is that you can let the potential employer be aware of your interest in the position, question you may have and share more information with the interviewer other than what is listed on your resume. When you are in the interview, making sure you communicate all of your thoughts is important because you want to give the best side of yourself that the employer may see fit for their business.

4 0
3 years ago
Svetlana won $1,000,000 in a contest, to be paid in twenty $50,000 payments at yearly intervals, the first payment paid at the t
goldfiish [28.3K]

Answer: 31155.5

Explanation:

The following can be deduced from the question:

Money won = $1,000,000

Installments made yearly = $50,000

Interest rate = 5%

The yearly deposits made by Svetalana will be: = 500000-x

The future Value of the yearly deposits made by Svetalana will be:

= (50000-x) × (1/(1.05) + (1/(1.05)^2 .....(1/(1+0.05)^20))

= (500000-x) × 33.066

We should recall that the interest from the question is equated to x. This will be:

33.066 × (50000-x) × 0.05 =x

1.6533(50000 - x) = x

82665 - 1.6533x = x

2.6533x = 82665

x = 82665/2.6533

x = 31155.5

7 0
4 years ago
Based on his​ preferences, Bill is willing to trade 5 movie tickets for 1 ticket to a basketball game. If movie tickets cost ​$1
Leviafan [203]

Answer:

Bill shouldnt trade movie tickets for basketball​ tickets, since  MRS > Pb/Pm.

Explanation:

Price ratio = Pb/Pm

                 = $46/$10

                 = 4.6

MRS = 5/1

        = 5

MRS > Pb/Pm

Therefore, Bill shouldnt trade movie tickets for basketball​ tickets, since  MRS > Pb/Pm.

4 0
4 years ago
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