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Zolol [24]
3 years ago
15

Which of these is an example of a variable expense calculated in an organizational budget?

Business
1 answer:
Ierofanga [76]3 years ago
8 0
In an organizational budget, variable expenses are the total cost that depended on the amount of goods produced.
Example of variable expenses are:
- Raw material expenses
- Cost of plastic to make a handphone case
- Cost of carrots if the company is selling carrot pies
- etc
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According to the Keynesian transmission mechanism, a rise in the money supply will __________ the interest rate, causing a _____
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Answer: The correct answer "e. lower; rise; raises".

Explanation: According to the keynesian transmission mechanism, a rise in the money supply will <u>lower</u> the interest rate, causing a <u>rise</u> in investment demand, which then <u>raises</u> Real GDP.

because a decrease in the interest rate, would cause companies to decide to take loans to invest, thus increasing investment and as a result would increase GDP

7 0
3 years ago
The new ASC Topic 606 for revenue recognition:
denpristay [2]

Answer:

addresses when and how revenue should be recognized in contracts that provide both goods and service to customers.

Explanation:

ASC 606 is a new standard that provides guidance on revenue recognition to the companies that provide goods and services to its customers. This standard is for both public and private entities. Earlier there were some variations in the revenue recognition process across different companies. The new standard has now simplified standardization in financial reporting.

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3 years ago
Youve got your budget, credit history and savings in order. Whats the nest step
Ksenya-84 [330]
Try to find a mortgage to buy a house
8 0
3 years ago
Justin Company's budget includes the following credit sales for the current year: September, $40,000; October, $51,000; November
zheka24 [161]

Answer:

$45,350

Explanation:

Follow the Company`s collection history to determine the November Cash Collection.

November Cash Collection :

Collected in month of sale - 15% x $45,000                       $6,750

Collected for 1st month after sale - 60% x $51,000         $30,600

Collected for 2nd month after sale - 20% x $40,000        $8,000

Total                                                                                     $45,350

Therefore,

The cash Justin can expect to collect in November is $45,350

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4 years ago
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