All categories

3 years ago

1 - Describe two justifications for the need for professional financial planning advice

Business

1 answer:

icang [17]3 years ago

4 0

Answer:

Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.

Explanation:

You might be interested in

You are most concerned for the infant who has

Gelneren [198K]

A i think, did btec childcare

8 0

3 years ago

Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cos

kiruha [24]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000, respectively.

Job 352A

Direct material= $32,000

Labor costs= $45,000

First, we need to calculate the predetermined manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 800,000/1,000,000= $0.8 per direct labor dollar

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated MOH

Total cost= 32,000 + 45,000 + (0.8*45,000)= $113,000

6 0

3 years ago

Manufacturing costs include Group of answer choices

jeka94

Answer:

the answer is b) direct materials, direct labor, and manufacturing overhead.

Explanation:

direct materials - the materials and supplies used to create a product. (wood used to make a table)

direct labor- the labor and service implemented in the process of delivering finished goods. (hours spent on crafting the table)

manufacturing overhead- any indirect costs involved in the production of the product.

7 0

3 years ago

Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on

sveta [45]

Answer:

C) Create a customer-driven environment where we constantly try to create customer value.

Explanation:

A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.

In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.

8 0

4 years ago

Which of the followings is a good source for gathering competitive information about senior managers' responsibilities, their ba

Ghella [55]

Answer:

business and trade publications

Explanation:

A trade publication is a type of publications that specifically share information between and about personnels or individuals, often experts, within a particular industry for the purpose of improving their business or field and to actively keep current or updated on market trends.

Hence, BUSINESS AND TRADE PUBLICATIONS is a good source for gathering competitive information about senior managers' responsibilities, their background, their education, and highlights of their achievements to date.

4 0

4 years ago