Answer:
B. Actual
Explanation:
The budget analysis involves a comparison of the projected revenue and expenses against the actual performance. The budget analysis seeks to find out and understand any resultant variance. Budgets are prepared at the beginning of a period, but the budget analysis happens after the period is concluded.
A budget analysis helps determine if the organization achieved its objectives in the period under review. It helps point out areas of strength and weakness in the business.
Answer:
D. protects depositors in the event of bank failures
Explanation:
Answer: brand extension
Explanation: Brand extension refers to a marketing strategy which involves a well-known, developed and popular brand who has enjoyed continuous success in a particular market aims to delve into another area of the market or totally different product category using the same brand name.
In the scenario above, Colgate, a household name in toothpaste manufacturing decided to launch the Colgate kitchen entree which an entirely different market domain. The innovation strategy wasn't successful as it got consumers confused who saw them as developers iating from their original domain. Even though Colgate's intention was to use their existing popularity to extend their brand.
Considering the situation described above, these findings are the result of "<u>Vertical Analysis."</u>
This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.
It is written or described in percentages or proportional calculation.
In <u>vertical analysis</u>, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.
Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."
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