1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dvinal [7]
3 years ago
7

If a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon:

Business
1 answer:
dalvyx [7]3 years ago
6 0

Answer:

The control has been implemented but is not operating effectively.

Explanation:

Budgetary control in finance can be regarded as the management of income as well as expenditure. It involves comparison of actual income/ expenditure with the planned income/ expenditure on regular basis so that it will be easier to know if there is need for corrective action. It should be noted that if a budgetary reporting system provides adequate reports, but the reports are not analyzed and acted upon, then there is implementation of control already but there is no effective operation.

You might be interested in
In an economy where the money supply and aggregate demand have been decreased by the central bank, you know that the central ban
natima [27]

In an economy where the money supply and aggregate demand have been decreased by the central bank, you know that the central bank is using a contractionary monetary policy.

In an economy, changes in the money supply leads to changes in aggregate demand. An increase in the money supply increases aggregate demand and a decrease in the money supply decreases aggregate demand.

When a central bank takes action in order to decrease the money supply and increase the interest rate, it is following a contractionary monetary policy. Thus, the central bank requires Southern to hold 10% of deposits as reserves.

Hence, the decrease in the money supply reduces income and raises the interest rate.

To learn more about aggregate demand here:

brainly.com/question/24319248

#SPJ4

4 0
1 year ago
A gift shop sells 2000 boxes of scented candles a year. The ordering cost is $100 for scented candles, and holding cost is $10 p
Gekata [30.6K]

Answer:

Minimun cost: $2000

Explanation:

We solve for the optimal order size using the

Economic Order Quantity:

Q_{opt} = \sqrt{\frac{2DS}{H}}

<u>Where: </u>

D = annual demand = 2,000 boxes

S= setup cost = ordering cost = $ 100

H= Holding Cost = $10.00

Q_{opt} = \sqrt{\frac{2(2,000)(100)}{10}}

Q_{opt} = \sqrt{40,000}

EOQ 200

It should order: 2,000 demand / 200 order size =  10 times

At a cost of 1,000 dollar (100 units x $ 10)

It will face an average inventory of 100 units thus holding cost:

100 units x 10 dollar per unit = 1,000

Total cost: 1,000 + 1,000 = 2,000

6 0
2 years ago
Justify the establishment of a state owned compony
SSSSS [86.1K]
The establishment of a state -owned Company is really important for every nations, especially if it involved in the resources that is critically needed for the people.
For example, lets say that all of the water resources fall to the hands of capitalist. Imagine how expensive it could be to get a simple drinking water or for baths.i hop that helps
6 0
3 years ago
Apex Systems Co. offers its services to residents in the Seattle area. Selected accounts from the ledger of Apex Systems Co. for
AfilCa [17]

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

                                          Apex Systems Co.

                             Statement of stockholders' equity  

                            For the fiscal year ended December 31, 2016

Particulars                  Common Stock          

Beginning

Balance                      $1,340,000

Add: Net income       $356,000    

Less:

Bart Nesbit, Drawing  -$91,200

Ending balance          $1,604,800                

                       

6 0
3 years ago
When some firms enter a perfectly competitive industry in which firms are earning an economic profit, the short-run industry sup
inn [45]

Answer: Supply curve -  Increases rightwards  

               Market Price - Falls  

               Economic Profit - Decreases

Explanation: Perfect Competition market structure is with large number of buyers & sellers , homogeneous products & uniform prices , perfect information and free entry and exit.

'Free Entry and Exit' implies - no firm earns super normal (economic) profits or abnormal losses in long run.                                                                        When firms are earning economic profits in short run, new firms enter (because of free entry) & the industry supply increase reducing price , which further reduces the super normal profits to normal profits in long run. Similarly - Abnormal losses make firms exit (freely), reduce supply & increase price , hence reducing abnormal losses & resuming normal profits.

7 0
3 years ago
Other questions:
  • Let’s suppose you (USA dealer) imported a product from German on Dec 1, 2018 at € 300, payable in 60 days. You sold the product
    13·1 answer
  • Determine whether the following changes or events would shift the LRAS curve to the right, to the left, or not at all.A. A large
    12·1 answer
  • Background information: Car purchase cost: $25,000 Sum of Fuel and Maintenance Cost at End of Year 1: $2,000 Incremental increas
    14·1 answer
  • 40 pts
    5·2 answers
  • One of the appeals of a sole proprietorship is that business expenses are
    9·2 answers
  • Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one
    6·1 answer
  • Government can encourage entrepreneurs by
    7·1 answer
  • Select the correct statement from the following, assuming Camacho Company had a favorable direct materials price variance of $2,
    8·1 answer
  • A company offers ID theft protection using leads obtained from client banks. Three employees each work 40 hours a week on the le
    7·1 answer
  • An employer hiring in a competitve labor market should hire additional labor as lnog as?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!