Answer: BUDGETS
Explanation: A budget can be defined as a written plan for financial purpose of the entity usually made for a definite period of one year. A budget can be fixed or variable.
A budget is made on the planned amount of sales and revenues and takes into consideration various types of cost and expenses to be incurred.
Thus, from the above we can say that budget is that principal mean that is used for controlling of financial resources in an entity.
Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded.
<h3>What is Voucher?</h3>
Voucher is a type of document used by a company, firm, organization or industry. It is used to record cash or money to be paid.
Different department in an organization also use it and it is important for backup.
Therefore, a Voucher is used as a substitute for an invoice if the supplier fails to send one and to collect information needed to control cash payments and to ensure that transactions are properly recorded
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Answer:
The correct option is B, Rita's is in breach of contract.
Explanation:
Breach of contract occurs when a party or parties to a legally binding and enforceable agreement refuse to discharge their duties as stipulated in the contract.
Even though Rita's inability to pay as at when due was not intentional as Rita's bank had closed, the onus is still on the company to fulfill its obligation.
It is important that both parties find an amicable way to enforce the terms of the contract or Commercial Construction ,Inc (CCI) tries recover financial damages caused to it by the breach or in an extreme situation, they settle for lawsuit.
Answer: M2
Explanation: M2 is the most commonly quoted monetary aggregate as it includes all the component of M1 plus assets that are not directly accepted as a means of payment.
This monetary aggregate includes small denomination time deposits, shares in mutual funds and other money market securities. Thus, it is also called broad money.
The fact that Ana focuses on individuals, knowing that each of her clients has a different personality and different needs simply mean that she's using A. Different diversity paradigm.
Different diversity paradigm simply means valuing individual differences and thereby celebrating diversity. It encompasses practices like gender targets and the creation of group networks.
Different diversity paradigm is a form of fairness paradigm where everyone is taken into consideration. Therefore, since Ana focuses on individuals, knowing that each of her clients has a different personality and different needs, this means that she's using different diversity paradigms.
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