Answer:
The question it self gives the answer away! The answer is B) objective-and-task method.
Explanation:
The objective and task method is very useful and has several advantages over the other forms of budgeting methods.
One is that you are setting your goals and determine which tasks are required to perform in order to achieve those goals.
This provides a clear strategy and a holistic approach to the employees and managers and save a lot of time while preventing future issues arising due to unpreparedness.
Moreover, as you have estimated the costs separately for each task, this can act as a benchmark to see eventually if you have succeeded or failed in achieving your targets.
However, a downside of this method is that if something unexpected occurs which is outside of your control (like a change in the market or economy), you might not have enough funds for it!
Answer:
b) false
Explanation:
This could be considered a bilateral and executory contract because both parties agreed to perform and exchange consideration in the future (in this case, Saturday). But it cannot be considered an implied contract.
E.g., an implied contract happens when you enter a movie theater and a commercial relationship is established where the movie theater must allow you to see a movie and you must pay your ticket for doing so. The same applies for other public places restaurants, theme parks, etc.
But in this case, Valerie's house is not a place where any person is free to attend. You cannot just go into Valerie's house and start cleaning so that she pays you $50.
Implied contracts might also result from previous performances, e.g. Teresa cleans Valerie's house every Saturday for almost 2 years now. The past performance might result in an implied contract, but this wouldn't be the case here either.
Answer:
option D
Explanation:
the correct answer is option D
in a chain process which directly creates and delivers goods and services to the customer is known as a Core process.
Support process does not create any product or services it only assists in the execution of the process.
management process deals with planning, organizing and controlling.
hence, the correct answer is Core process.
Answer: C. No, but he is liable for another $2 per share.
Explanation:
A stock is not to be issued below its par value as this is the lowest price that it is to be issued at. If a par value is $4 for instance, the stock cannot be issued for anything less than this $4.
In this scenario, the par value is $8 per share which means that Globule Inc. cannot issue this share for less than $8. Kirby in paying only $6, is still liable for $2 so that he can at least pay for the stock at its par value.
Purchase of a security by the bank will decrease the reserves in the banking and as a result the monetary base will also decrease.
<u>Explanation:</u>
The federal reserve system is the central bank of the United States of America. It has certain measures under it's control to manage the supply of money in the economy.
One of those measures is the purchase and the selling of the securities. If the security is purchased by the bank from the Federal reserve system, it will decrease the money reserve in the banks. As a result of this the monetary base will decrease in the country also.
