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umka21 [38]
3 years ago
12

The primary purpose of using short-term budgets is to: Multiple choice question. keep employees uncomfortable about missing budg

etary projections evaluate performance and take necessary corrective action plan for plant asset purchases and disposals
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

evaluate performance and take necessary corrective action plan for plant asset purchases and disposals

Explanation:

A budget is an estimate of the revenue and expenditure of a company over a specified period.

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Help me pls thankyouu​
Delicious77 [7]

Answer:it’s c.A project if it’s rate of return>0

Explanation:

7 0
3 years ago
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When assessing the value of a business, is most important.
Mademuasel [1]
When it has a strong demand from consumers and slightly more supply then it's demand. And of course, if the company is more famous, provides good quality service, and has little down peak of it's business.



I hope it helped you!
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3 years ago
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The depreciation method in which a plant asset's depreciation expense for a period is determined by applying a constant deprecia
musickatia [10]

Answer:

double declining balance method

Explanation:

Depreciation is an accounting tool to allocate the cost of a long-term asset over time. The reasoning behind is the matching principle. If we associate the entire purchase value at the very first moment, then, one accounting period is taking a hit for an asset that will be use over several accounting periods.

         

The double declining method applies a rate twice as the straight-line method.

This is applied at the carrying value of the assets (book value) every year for each year of useful life.

5 0
3 years ago
Rachel is working on a project that technically allows three activities to be done at the same time. if they were to be implemen
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This is an example of a people constraint. A constraint is something that holds you back from completing something. In this scenario, there aren't enough people available to complete all of the projects Rachel is wanting to have completed so there is a people restraint with regards to completing activities. 
6 0
3 years ago
Aug. 1 Madison Harris, the owner, invested $6,500 cash and $33,500 of photography equipment in the company in exchange for commo
inna [77]

Answer:

The Journal entries are as follows:

(i) On August 1,

Cash A/c Dr. $6,500

photography equipment A/c Dr. $33,500

               To common stock                        $40,000

(To record the issuance of common stock for cash and photography equipment)

(ii) On August 2,

Prepaid insurance A/c Dr. $2,100

           To cash                               $2,100

(To record the cash paid in advance for insurance)

(iii) On August 5,

Office supplies A/c Dr. $880

           To cash                       $880

(To record the cash paid for office supplies)

(iv) On August 20,

Cash A/c Dr. $3,331

     To photography fees earned $3,331

(To record the photography fees earned)

(v) On August 31,

Utilities A/c Dr. $675

      To cash A/c        $675

(To record the cash paid for utilities)

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3 years ago
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