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
stepladder [879]
3 years ago
10

LO 7.1Which of the following is true in a bottom-up budgeting approach?

Business
1 answer:
Sedbober [7]3 years ago
6 0

Answer:

The correct answer is letter "D": Departments determine their needs and relate them to the overall goals.

Explanation:

The bottom-up budgeting approach consists in giving each department within a firm the power of setting and controlling their budget according to the projects the department intends to develop that matches with the ultimate goal of the organization as a whole. It might be beneficial because each department is likely to come up with a budget that adjusts better to their needs but it could represent a headache for the company when it comes to racking each expense for each area.

You might be interested in
You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
shepuryov [24]

Answer:

Shopping product

Explanation:

Shopping products refer to those products which require considerable time, efforts in research, discussions and opinions and which are not purchased frequently.

Such products are purchased after careful evaluation of all the alternatives available to an individual and after comparison of prices and offers.

Consumers in such cases take considerable time in arriving at the buying decision, whether to buy or not, or to delay such purchases.  Such purchases require research and significant efforts on part of the consumer.

4 0
3 years ago
Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $104,800 to m
Lady_Fox [76]

Answer:

First find the present value of the lease. Payments are constant and fixed so this is an annuity. As it is to be paid from the beginning, it is an Annuity due.

= Annuity * Present value interest factor of annuity due, 5 years, 7%.

= 37,400 * 4.3872

= $164,081

Date                          Account Details                            Debit              Credit

Dec. 31, 2019            Lease Receivable                         $164,081

                                 Cost of goods sold                       $104,800

                                 Sales                                                                    $164,081

                                 Inventory                                                             $104,800

Date                          Account Details                           Debit                Credit

Dec. 31, 2019           Cash                                             $37,400

                                 Lease Receivable                                               $37,400

5 0
3 years ago
Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear.
irakobra [83]

Draw a curve that shows the relationship between quantity and total revenue when the demand curve for umbrellas is linear ​increases.

If demand is elastic (price elasticity > 1), price and total sales are negatively related. In other words, an increase in price leads to a decrease in total sales.

Revenue is the amount of money generated WITHOUT subtracting the costs of business. In economics, the total sales test is a means of determining whether demand is elastic or inelastic. If an increase in price leads to an increase in total sales, demand is said to be inelastic because the increase in price does not significantly affect the quantity demanded.

Learn more about revenue at

brainly.com/question/16232387

#SPJ4

5 0
2 years ago
Downward influence is best achieved through
jonny [76]

Answer:

C- an inspiring vision

Explanation:

Downward influence is the ability to influence employees lower than you. This is best achieved through an inspiring vision. By articulating a clear vision, you help people see the end goal and move toward it. You often don’t need to specify exactly what needs to be done to get there—people will be able to figure it out on their own. An inspiring vision builds buy-in and gets people moving in the same direction.

7 0
3 years ago
A firm produces and sells two products, Plus and Max. The following information is available relating to setup costs (a part of
Ad libitum [116K]

Answer:

Apportioned set-up cost

Plus =$21,600

Max=$43,200

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.  

<em>Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers. </em>

<em>The cost driver in this scenario is the number of set-ups</em>

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

So, we can apply this formula to the scenario above:

Set-up overhead= $64,800

Total set-ups for the period = 20 + 40 = 60

Overhead cost per set-up = $64,800/60=1,080

Set-up cost allocation:

Plus - 20 × 1,080=$21,600

Max- 40 × 1,080=$43,200

Apportioned set-up cost

Plus =$21,600

Max-=$43,200

3 0
3 years ago
Other questions:
  • An RR sold shares of new stock issue of ABC Corp. to a customer at $20 per share. After a week, ABC is selling at $10. The RR of
    13·1 answer
  • Mordred had been sued by a former business partner. the partner was seeking $1,000,000 in damages. mordred felt that this claim
    11·1 answer
  • Inattentive Driving. While cutting class and driving off campus to check on her new dress for the upcoming formal, Molly, a busy
    12·1 answer
  • Newtech inc. hires john for the position of a software programmer to work on their new project. salary paid to john by newtech i
    11·1 answer
  • Benefit payments made on a ____________ basis are not scheduled, but are based on the average fee charged by all doctors in a gi
    13·1 answer
  • Given the characteristics: (1) many buyers and sellers, (2) free entry and exit, (3) perfect information, and (4) heterogeneity
    12·1 answer
  • E marketplace can take two different formats, which are
    8·1 answer
  • A maker of soaps and lotions noticed a blind person having difficulty comparing products while shopping in one of her stores. Sh
    13·1 answer
  • Which of these factors contributes to the popularity of cable TV advertising?
    13·1 answer
  • The predetermined overhead rate is calculated Blank______. Multiple choice question. after the period is over before the period
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!