All categories

3 years ago

Determine the order in which the following budgets are generally prepared.

Business

1 answer:

xenn [34]3 years ago

5 0

Answer:

The order in which the following budgets are generally prepared are as arranged below:

1. Sales budget

2. Production budget

3. Material purchases budget

4. Budgeted income statement

In an attempt to expatiate the decision above. We must observe that income statement starts with revenue. Similarly here, the budget will starts with sales. The revenue section is followed by production budget which from which various budgets like material, direct labor and overhead budget are prepared from. After the Production budget, follow the Material purchase budget, then Budgeted Income Statement

You might be interested in

Collective bargaining refers to a. firms colluding to set the wages of employees below equilibrium. b. the process by which unio

Oxana [17]

Answer: the process by which unions and firms agree on the terms of employment.

Explanation:

Collective bargaining is the negotiation that takes place between the employers and the workers in order to reach an agreement regarding the wages or salaries, benefits, sworking conditions, and other rights for the employees.

Therefore, collective bargaining is the process by which unions and firms agree on the terms of employment.

6 0

4 years ago

A financial account that allows you to withdraw and deposit money using a check, debit card or ATM card is a _______ account.

Nataly [62]

b checking accounnt

4 0

3 years ago

You have been hired by the AutoEdge board of directors to assist them decide whether to stay in South Korea or return to the Uni

miss Akunina [59]

Answer:

.Requires estimation of future cash-flows and the appropriate discount rate

.Does not take into account qualitative factors

.Difficult to apply when comparing projects with differing lifespans

Explanation:

The net present value is the sum of the present values of all expected cash-flows less the initial outlay. Limitations of this method are that one has to estimate future cash-flows and the company's cost of capital to use when discounting these cash-flows. In this case, as part of net present value analysis, the analyst would have to estimate the cash-flows and the applicable discount rate for each scenario, i.e if the company stays in South Korea or returns to the United States. Making a decision based on these projections may lead to a sub-optimal decision if incorrect information is used. The method also does not take into account other qualitative factors which may not necessarily be reflected in the expected cash-flows e.g the possibility of losing key employees if the company relocates. It is also difficult to apply when comparing projects with differing lifespans.

3 0

3 years ago

An airport shuttle company forecasts the number of hours its drivers will work based on the distance to be driven (in miles) and

siniylev [52]

Answer:

5.5 Hours

Explanation:

The main difference among both the drivers is the number of jobs and the difference of working hours can only be determined by adding number of jobs. Sofia has two more jobs compared to victor. Following is the method to calculate the working hours:

4+0.75(2)=5.5 hours

Sofia is expected to work for 5.5 hours

3 0

3 years ago

Kate is the head of the research department at a pharmaceutical company. Her team is in the process of developing a drug to prev

Alekssandra [29.7K]

Answer:

Explanation:

in this scenario, Kate is practicing a form of leadership which is called the Free-Rein leadership; in this type of leadership,the leaders take a hands-off approach and allow the group members to make the decisions. this type of leadership is characterized by very little or non-existential guidance from the leaders. This form of leadership is bad in a scenario where the group members are lacking in skills or experience that allow them to make the perfect decisions.

6 0

3 years ago