Answer: Option c and d
Explanation: In simple words, prescriptive role refers to the role under which the manager identifies what should be done rather than stating what is done. In other words, under thus role the manager specifies duties and tasks that should be performed to achieve the objectives.
In the given case, Caroline is researching and recommending the actions that should be taken for maximizing the profit.
Hence from the above we can conclude that Caroline is performing prescriptive role.
Answer: $3.31
Explanation:
Dividends will increase by 2% so using a future value formula would show the amount of dividends in year 5.
= 3 * ( 1 + 2%)⁵
= 3 * 1.1040808032
= 3.3122424096
= $3.31
Answer:
d. dismissing all managers who fail to achieve operational goals specified in the budget
Explanation:
The budget, no matter how well it's done, It's a forecast.
Price can change without the company being able to intervene, the same goes for consumer demand, foreign currency rates changes, and other variables in the budget.
Having that in mind, the accounting can measure the variance and check the efficiency and price influence in the result below expected.
Therefore, dismiss immediately after not achieving a goal is not the purpose of a budget