The right answer that will fill in the blank is the first option which is the managing for a competitive advantage and diversity. It is one of the challenges that the managers faces today because a lot of things arises now a days, especially new technologies and advances that could rise competition. It is where this challenge occurs and opens as a challenge for managers and also the diversity for now a days, a lot of things could be set as a factor in competition.
Answer: Company Pays $1640
Carol Bryd pays $410
Explanation:
The total bill is $2300 and the deductible needs to be taken out.
$2300-$250
=$2050
Company Payment.
Company Pays 80% which translates to 0.8
0.8*2050
= $1640 is the company Payment.
Carol then pays the difference which is
$2050 - $1640
= $410
Carol pays $410
B. when you are making a career change
Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget
<h3>
What is Expense Budget?</h3>
- The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
- It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
- Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
- Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
- The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.
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Fixed expenses and flexible expenses or Discretionary expenses
