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
rjkz [21]
3 years ago
9

Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

Business
1 answer:
motikmotik3 years ago
8 0

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

You might be interested in
A 20-year-old student wants to save $5 a day for her retirement. Every day she places $5 in a drawer. At the end of each year, s
ollegr [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

At the end of each year, she invests the accumulated savings ($1,825) in a brokerage account with an expected annual return of 8%. She will invest for 45 years.

A) We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {1825[(1.08^45)-1]}/0.08= $705,372.75

B) n= 25

FV= {1825[(1.08^25)-1]}/0.08= $133,418.34

C) FV= 705,372.75     A=?

We need to isolate A:

A= (FV*i)/{[(1+i)^n]-1}

A=(705,372.75*0.08)/[(1.08^25)-1]

A= $9,648.64

7 0
3 years ago
Traffic patterns are important in room design and should take potential furniture placement into account true or faolse
sergiy2304 [10]
The answer for the given statement above would be TRUE. What makes this true is that traffic patterns should be taken into consideration because this is the space in the room that people can walk through. Therefore, such furniture placements should be observed very well.
3 0
3 years ago
Read 2 more answers
Lena Company has provided the following data (gnore income taxes); 2016 revenues were $77,000. 2016 expenses were $48,600. Divid
Ilya [14]

Answer:

Option (b) is correct.

Explanation:

(a) Net Income:

= Revenues - Expenses

= $77,000 - $48,600

= $ 28,400

(b) Retained earnings :

= Net Income - Dividend

= $ 28,400 - $7,700

= $20,700

(c) Stockholders' Equity:

= Total assets - Total Liabilities

= 185,000 - $105,000

= $80,000

Therefore, the retained earnings at December 31, 2016 were $20,700.

5 0
3 years ago
The National Park Service's efforts to attract, maintain, and enhance relationships with customers and visitors to the park is a
OverLord2011 [107]

The example that the National Park Service shows by <em>attracting, maintaining, and enhancing</em> relationships with customers and visitors is <em>D. relationship marketing.</em>

Relationship marketing offers goods and services to customers through sales and advertising that achieve long-term customer value. The relationship is built and maintained with existing customers <em>to attract new customers.</em>

Thus, the NPS's efforts enable it to build lifetime customer loyalty that ensures long-term value creation.

Learn more: brainly.com/question/14545494

6 0
3 years ago
16. Which of the following statements about capital budgeting is correct? A. The timing of cash flows is irrelevant in capital b
Elden [556K]
I think C is the answer, however I am unsure.
5 0
4 years ago
Other questions:
  • Shark Fin Golf Club requires its members to pay a quarterly or an annual fee to use its services.Irrespective of whether they fr
    5·1 answer
  • Performance Auto Company operates a new car division (that sells high-performance sports cars) and a performance parts division
    10·1 answer
  • Joe received a DUI violation while partying last Christmas and he was found guilty by the court. His real estate license is due
    13·1 answer
  • If Ann were to convert some of her checkable deposits into a certificate of deposit, which of the following changes would take p
    9·1 answer
  • What are some disadvantages of making the decision to use a tiered service approach at Eligin Technology Products
    8·1 answer
  • Casa Del Sol Property Development Company is refurbishing a 200-unit condominium complex at a cost of $1,875,000. It expects tha
    8·1 answer
  • ___refers to an environment in which cultural, group, and individual differences are acknowledged, accepted, and viewed as signi
    15·1 answer
  • Reason we study persuasion
    7·2 answers
  • In the case of a basket purchase, the cost of the land and building is ______.
    7·1 answer
  • ____________________ is a data transfer service that can connect your business to another business (or businesses) using a stand
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!