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2 years ago

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

Business

1 answer:

dalvyx [7]2 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.

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Market segmentation involves aggregating prospective buyers into groups that have common needs and will

elixir [45]

Answer:

respond similarly to a marketing action.

Explanation:

Market segmentation is the strategy of marketing that involve dividing the consumer market on the basis of similar taste, interest, age, location, needs or any other factors which are common. It help the company to customize the product and reach maximum customer to gain market share.

There are four type of market segmentation:

Demographic.
Psychographic.
Behavioral.
Geographic.

6 0

2 years ago

Westfield Graziers packages and distributes three grades of animal feed. The material cost per tonne and estimated annual sales

7nadin3 [17]

Answer:

1. Particulars Super premium Premium Economy

Material cost $16 $12 $10

Indirect cost (40000/10000) $4 $4 $4

Total cost $20 $16 $14

Profit (100% of total cost) $20 $16 $14

Selling price $40 $32 $28

2. Yes, the price calculated in part A takes into account what customers are willing to pay. This can be said because the company has the policy of adding 100% to the total cost. This means that the company knows that customers will be willing to pay that much amount.

8 0

3 years ago

Exercise 8-07 At December 31, 2019, Pharoah Company Company had a credit balance of $18,100 in Allowance for Doubtful Accounts.

Alja [10]

Answer:

Entries are given below

Explanation:

DATA:

Opening Balance in the allowance for doubtful debt = $18,100

During 2020 Pharoah company wrote off accounts totaling 12,900

Entry DEBIT CREDIT

Allowance for Doubtful Accounts $11,800

Accounts Receivable $11,800

At December 31, 2020, an aging schedule indicated that the balance in Allowance for Doubtful Accounts should be $23,700

Entry DEBIT CREDIT

Bad debt expense $17,400

Allowance for doubtful debt $17,400

Working

Balance before adjustment = $18,100 - $11,800

Balance before adjustment = $6,300

After Aging schedule indication

Adjustment = $23,700 - 6,300

Adjustment = $17,400

3 0

2 years ago

Tenant terrell and landlord lorna enter into a commercial agreement wherein terrell will lease a small office space in a strip m

krok68 [10]

After entering into a commercial lease agreement, the answer is since there is no right of first refusal, all Terrell can do is ask Lorna whether she will lease the adjoining space to him.

<h3>What is a commercial lease agreement?</h3>

A commercial lease is an agreement for the rental of property between a landlord and a company. Because renting costs less money than buying, most businesses will prefer to do so.
Because the terms are changeable and change significantly from lease to lease, commercial lease agreements are more difficult than residential leases.
Understanding the terms of the lease, which outline each party's obligations and rights, is crucial before signing a business lease.

Verify that the conditions of a commercial lease agreement will suit the demands of the company before signing. Unfavorable outcomes may result from failing to establish requirements before signing a lease.

Know more about commercial lease agreement with the help of the given link:

brainly.com/question/14479023

#SPJ4

6 0

1 year ago

Produced by paul, the ____________ album was recorded between 2/77 and 1/78 in both the uk and off the virgin islands during six

belka [17]

Answer:

London town

Explanation:

8 0

3 years ago