A flexible budget is an optimum budget for managers that plan revenues and expenses at different sales volumes.
<h3>What is
flexible budget?</h3>
A flexible budget is one that varies in response to changes in actual revenue or other activities. As a result, the budget is reasonably close to the actual results. This technique differs from the more conventional static budget, which comprises only fixed spending numbers that do not change in response to real revenue levels.
A flexible budget will include budget lines for various amounts. For example, if your monthly widget production is 100, your variable admin costs could be $200. However, if you produce 200 widgets every month, your variable admin costs will rise to $400.
Entrepreneurs can adapt with change thanks to flexible, rolling budgets. This nimble planning process lets you adjust spending throughout the year
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Free market economies offer distribution methods for goods and services based on ''price''.
Answer: C) Price.
Answer:
The correct answer is Direct order.
Explanation:
Many times a day we receive and give orders. When we entrust a specific function to our employee or subordinate, how do we do it? By giving a direct order to execute it or we use what we call delegation. Through the delegation, we entrust this employee not only to do what has been communicated to him, but also to take responsibility from start to finish, reporting once the order has been executed to whoever has given it.
Answer:
The correct answer is C. M1 plus near monies.
Explanation:
The liquidity approach emphasizes the role of money as a store of value and downplays the role it plays as a means of payment. To assess the amount of money emphasizes that the essentially distinctive property of money is that it is the most liquid of assets.
The strict money supply or circulating medium (M1), which defines money as the money in the hands of the public and demand deposits (DV) is the usual most accepted formula as money. Therefore, money in the strict sense is listed as such in the monetary statistics of the International Monetary Fund (IMF) and many other financial institutions around the world.
