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liq [111]
3 years ago
10

Which of the following statements is(are) true? (A) A favorable variance is not necessarily good, and an unfavorable variance is

not necessarily bad. (B) The master budget includes operating budgets (e.g., production budget) and financial budgets (e.g., cash budget).
Business
1 answer:
olganol [36]3 years ago
3 0

Answer:

(B) The master budget includes operating budgets (e.g., production budget) and financial budgets (e.g., cash budget).

Explanation:

The master budget is a business approach which includes all the financial budget as well as the expected incoem statement adn balance sheet.

To do so, it wll need to prepare:

  • the sales budget
  • the production budget (using sales budget)
  • the purchase budget (using production)
  • collection budget (using sales)
  • cash budget (using all of the previous budget)
  • And then combine all this data to create an income statement and balance sheet for the period.
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Answer:

The answer is: None of the options are correct.

Explanation:

Debt instruments don´t offer residual claims to future cash payouts.

Bonds with call provisions don´t have lower coupon rates than otherwise identical bonds. Generally if the bond issuer decides to redeem the bond earlier they will pay the bondholder a premium over their face value.

Bondholders don´t enjoy a direct voice in company decisions. They have the right to receive financial statements of the company and in case of bankruptcy they hold first rights to the distribution of assets.

Bonds are low risk investments that don´t do well in inflationary periods. The inflation rate adjusts the real interest rates a bond will earn, sometimes turning them negative real interest rates.

Preferred shareholders are not the first investors to be repaid in bankruptcy liquidation. Bondholders are the first investors to be repaid in bankruptcy liquidation.

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4 years ago
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Answer:

You would have to cut down on some luxuries, like lots of foods, amusement parks, shopping trips, etc. If you have have extra hours, work more hours, quite possibly take another job.

Explanation:

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3 years ago
When businesses are waiting for a customer to pay them for
nata0808 [166]
A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services. Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and acrrued expenses
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Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. An
katovenus [111]

Answer:

C. LIFO liquidation

Explanation:

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The difference between these two numbers is commonly referred to as LIFO Reserve.

LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.

Third option is the correct option.

LIFO reserve = FIFO inventory cost - LIFO inventory cost

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