Answer:
b. projects budget data for various levels of activity.
Explanation:
Flexible budget
It is the budget which flexes or adjust with the change in the activity or the volume .
It is the more sophisticated form of budget , and is a static budget .
i.e.
The budget does not change .
As the costs vary with the activity and volume .
<u>The flexible budget will have a variable rate pr unit activity .</u>
<u>the flexible budget is more useful during measuring the manager's efficiency .</u>
Answer:
D. The velocity of money increased this year.
Explanation:
As for the details provided, we know that the actual inflation is increasing rapidly, also the real income increased but not with the same level.
And still after so many measures initiated by the central bank the inflation has been increasing. This provides for the speed of increase in the value of money.
As with the increasing inflation that too after so many measures the velocity has been increasing of value of money which makes it more valuable.
Basically the power to buy decreases with the same amount of money.
Answer:
currency offset
Explanation:
In simple words, An alternative means taking an opposing part in the stock markets in comparison to an initial starting position. In company, an offset may relate to the situation where damages arising from one business segment are compensated for by profits from another.
Within the financial markets, a investor joins an analogous, but contrary, contract to cover a futures contract that excludes the actual underlying delivery obligations. Thus, we can conclude that the given case illustrates offset settings.
Answer:
There is no market failure in this case, since Candace knew about the Yugonero's multiple mechanical issues and she also knew that it didn't offer any type of warranty, plus she had read several press releases detailing the problems related with the Yugonero. She just decided to take the chance of buying one of the few Yugoneros that were built properly and operated without any problems. She probably paid much less for the Yugonero and that was probably her main motivation.
Explanation: