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Snezhnost [94]
2 years ago
10

The only way to decrease your lifestyle budget is by completely eliminating an item.

Business
1 answer:
N76 [4]2 years ago
7 0

Answer:

False

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year. Budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The first step of the budgeting process is to prepare a list of each type of income and expense that will be part of the budget.

A lifestyle can be defined as the way and manner an individual chooses to live his or her life. Similarly, a lifestyle budget comprises the cost of goods and services an individual has chosen to spend his or her money on.

Basically, completely eliminating an item isn't the only way to decrease a lifestyle budget because there could be similar items that even cost way more than the eliminated item.

Some of the benefits of having a budget is that it aids in setting goals, earmarking revenues and resources, measuring outcomes and planning against contingencies.

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Lighting equipment listed for horticultural use and connected with flexible cord shall have outlets that are _______.
Natasha2012 [34]

There are ground fault circuit interrupted outlet for Lighting equipment listed for horticultural use.

<h3>What is ground fault circuit interrupter?</h3>

A ground fault circuit interrupter  serves as one that help prevent electrocution.

The Lighting equipment when connected with ground fault circuit interrupter makes the working environment a safe one. GFCIs are generally installed where electrical circuits may accidentally come into contact with water.

Learn more about ground fault circuit interrupter at:

brainly.com/question/2279124

8 0
2 years ago
Question Content Area Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product wou
lesantik [10]

Flyer would have to cut $2 per unit  in order to meet the new target cost.

<h3>What is target cost?</h3>

The target cost of a product is the expected selling price of the product minus the desired profit from selling

First, we need to get the target cost

= Target Selling price per unit - Target profit per unit

= $48 - ($48 x 0.125)

= $48 - $6

= $42

Then,  Flyer have to cut costs per unit

= Cost for product - Target cost

= $44 - $42

= $2

Hence, Flyer would have to cut $2 per unit  in order to meet the new target cost.

Learn more about target costs here: brainly.com/question/15237816

#SPJ1    

8 0
2 years ago
Select the correct statement from the following,assuming Carmichael Company had a favorable direct materials price variance of $
Murljashka [212]

Answer:

Total direct material variance= $1,000 favorable

Explanation:

Giving the following information:

Company had a favorable direct materials price variance of $3,000 and an unfavorable direct materials usage variance of $2,000.

<u>To calculate the total direct material variance, we need to use the following formula:</u>

<u></u>

Total direct material variance= price variance +/- quantity variance

Total direct material variance= 3,000 - 2,000

Total direct material variance= $1,000 favorable

4 0
3 years ago
The exponential smoothing forecasting technique slowly responds to changes in the mean level of demand when A. a small alpha val
VLD [36.1K]

Answer:

a small alpha value is used.

Explanation:

The exponential smoothing forecasting technique is used for forecasting a time series when there is no trend or seasonal pattern, but the mean of the time series is slowly changing over time.

The choice of the smoothing constant α (alpha) is important in determining the operating characteristics of exponential smoothing. The smaller the value of α (alpha), the slower the response. Therefore when a small alpha value is used the exponential smoothing forecasting technique slowly responds to changes in the mean level of demand.

When the values of α (alpha) are larger this makes the smoothed value to react quickly – not only to real changes but also random fluctuations.

5 0
3 years ago
A business which spills oil that impacts land on which homes and businesses are built,but which compensate those whom it injures
uranmaximum [27]
False the business must assist in clean up if homes
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3 years ago
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