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erik [133]
3 years ago
7

Which of the following describe management's use of a master budget: Multiple select question. Helps in determining bonuses to m

anagers who meet budgets Helps analyze differences between actual and budgeted results Helps to place blame on managers who do not meet budgets Helps reveal undesirable outcomes Helps in planning and control activities
Business
1 answer:
Semenov [28]3 years ago
4 0

Answer:

Helps analyze differences between actual and budgeted results

Helps reveal undesirable outcomes

Helps in planning and control activities

Explanation:

A master budget comprised of future income statement or planned operating budget and the future balance sheet or financial budget that represent the goals and objectives of the organization and the ways to achieve them. It identified the actual & budgeted results difference, It disclosed the non-desirable results and also it helps in activities that deals in planning & controlling

Therefore the above statements should be correct

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Answer: a) Option A

Explanation:

There will be no effect on retained earnings because retained earnings do not increase as a result of shares being sold. It increases when net income increases.

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Mofro's Computer Repair Shop started the year with total assets of $270,000 and total liabilities of $180,000. During the year,
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Answer:

$200,000

Explanation:

As we know that

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3 0
3 years ago
When budgets are used for control,
ladessa [460]

Answer:

(C) actual amounts from different years are compared.

Explanation:

Budgets are used for control. To compare the performace is necessary to have a same period, with almost the same characteristics and evaluate the actual performance. In sales for example, the bussineses has different seasons around the year, and because some sociodemographic reasons.

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How can a business deal with employees who have lack of focus and future goals ?​
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