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
vlabodo [156]
3 years ago
14

Which one of the following budgeting methodologies would be most appropriate for a firm facing a significant level of uncertaint

y in unit sales volumes for next year? A. Life-cycle budgeting B. Top-down budgeting C. Flexible budgeting D. Static (fixed) budgeting
Business
1 answer:
cricket20 [7]3 years ago
8 0

Answer:

D. Flexible budgeting is the correct answer.

Explanation:

Flexible budgeting is the budget plan that changes as per the company's requirement.

The advantages Flexible budgeting are:

  • It assists the management of the organization to decide about the business situation and production level.
  • It helps to know the amount of product to be required for the growth of the organization and to achieve the profit level.
You might be interested in
The income elasticity of demand for peanut butter is 0.1. From this, we know that peanut butter is a(n) __________ because _____
musickatia [10]

Answer:

Option B:

inferior good; elasticity is negative

Explanation:

The income elasticity of demand is a measure of the rate at which a particular commodity is demanded, even after there is a change in the real income of the consumers.

It is a known fact that for inferior goods, once the real income of the consumers increases there is a higher tendency for them to switch to other premium commodities. Such goods are said to have a negative elasticity.

The income elasticity of demand can be calculated with this formula

percentage change in quantity demanded / percentage change in income.

If this gives a value that is less than 1, it means that the percentage change in the quantity of goods demanded is actually less than the percentage change in the income level of the consumers. Hence, the good is an inferior good. This is because when the consumers are earning more, they buy less of the product.

6 0
3 years ago
In which business stage do you decide wether a business opportunity is a god fit for you personally
Kaylis [27]

Identify.

In the identify stage, you will determine if the opportunity fits your skills, interests, and goals.

4 0
3 years ago
Which sentence from the contract shown below refers to consideration?
mamaluj [8]

first party is the one that I would do

4 0
3 years ago
Joseph is reviewing secondary data his company collected about seasonal variations in consumer spending because he is thinking a
Yanka [14]

Answer:

The advantages of using secondary data are several, but its main advantage is that it is the cheapest way to gather large sets of information. A lot of secondary data is available on the internet, so it is time saving. Using secondary data saves work, efforts and money.

We can also use secondary data to determine more specifically which primary data we need to gather, again saving resources.

7 0
3 years ago
A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions
Katen [24]

Answer:

Letter of Credit is the correct answer.

Explanation:

7 0
3 years ago
Other questions:
  • Creighton Company reported the following on the company's income statement for the year. Interest expense $600,000 Income before
    5·1 answer
  • What often happens to stock prices when a recession in the economy is in the future?
    8·2 answers
  • What is the purpose of APY?
    11·1 answer
  • _________is a repository of current and historical data of potential interest to managers throughout the organization to assist
    5·1 answer
  • If Congress imposes a $5 tax on each ATM transaction, the demand for money will likely: Group of answer choices increase. decrea
    11·1 answer
  • Amir buys a Baskin Robbins franchise. He has made a financial commitment and agrees to conduct business in accordance with Baski
    15·1 answer
  • In November 2017, Treasury 4 5/8s of 2042 offered a semiannually compounded yield to maturity of 2.62%. Recognizing that coupons
    15·1 answer
  • Data concerning Hinkson Corporation's single product appear below: Per Unit Percent of Sales Selling price $ 140 100 % Variable
    5·2 answers
  • A seller (or provider) of goods or services to a business organization is known as a:
    9·1 answer
  • you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team i
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!