Answer:
B) horizontal analysis
Explanation:
Whenever there is a comparative analysis of own performance with past year performances, that is comparison of financial statements of current year with that of preceding year, or number of preceding years then it is said that we are using the technique of horizontal analysis.
Also the meaning can be derived from the word horizontal that is same level, now same level here means of one individual company, with its own past year financial records.
Final Answer
B) horizontal analysis
Answer: lower cost
Explanation:
An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.
In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.
Therefore, the correct option is B.
Answer: $950 Unfavorable
Explanation:
Following the information given in the question, the budgeted operating cost will be calculated as the addition of the fixed cost and the variable cost given and this will be:
= $2,980 + ($328 × Level of activity)
= $2980 + ($328 × 20)
= $2980 + $6560
= $9540
Since the actual operating cost is $10,490, then the Spending Variance for the vehicle operating cost will be:
= Flexible Budget - Actual Budget
= $9,540 - $10490
= $950 Unfavorable
Answer:
Which of the following would a corporate finance professional typically NOT work with?
Supply chain management
Explanation:
Supply chain management describe the set of production processes and logistics whose ultimate goal is the delivery of a product to a customer.
Answer:
The opportunity cost of any action is what you have to give up to do it. If you use your time to go to the movies, you can't use that same time to go to the gym. ... Even though the opportunity cost of 2 apples is always one orange, the more apples are made, the more costly producing apples is in terms of welfare/utility
