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kodGreya [7K]
3 years ago
8

When budgeted and actual results are not the same amount, there is a budget

Business
1 answer:
torisob [31]3 years ago
7 0

Answer:

a) difference.

Explanation:

As we know the budget represents the difference between the expected and the actual results

So as per the given situation, in the case when the amount of the expected and the actual results are not same or similar so it should be the budget difference

hence, the option a is correct

And, the rest of the options are incorrect

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When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is
Anettt [7]

Answer:

Net realizable value

Explanation:

Net realizable value is the value gotten after taken out purchases from the estimated selling price of an inventory. This means that the net realizable value on an inventory at disposal is higher than the cost when it was originally purchased. It is to be noted that an increase in the value of inventory are recognized at the point of sale.

However, with regards to the above, inventory may be recorded at net realizable value if there are no tangible costs associated with disposal, there exist a controlled market with a price that is already quoted or the inventory is made up of gold, silver or general precious metals and agricultural products.

4 0
3 years ago
for economics students: does anyone have an example of a demand and supply curve diagram for the labour force that is suitably l
atroni [7]
<h3>You can refer to the attachment!!</h3>

5 0
2 years ago
Which of the following is not an advantage of participative budgeting? a.It encourages budgetary slack. b.It tends to lead to a
Crank

Answer:

A. It encourages budgetary slack.

6 0
3 years ago
The loan review department at a major regional bank has an exceptionally high turnover of both administrative assistants and ana
Ray Of Light [21]

Answer:

Letter B is correct. <em>Organizational.</em>

Explanation:

Employee turnover is measured by an index that checks employee entry and exit rates in an organization. When the turnover rate is high it means that an organizational analysis should be performed to detect the possible causes of increased employee turnover.

It can be caused by situations related to organizational structure, such as failures in the selection process, unfavorable organizational climate that causes conflicts and demotivation, low benefits and compensation among others.

8 0
3 years ago
Suppose that you are the vice president of operations of a manufacturing firm that sells an industrial lubricant in a competitiv
gladu [14]

Answer:

400

Explanation:

Qd = 45 - 2P

Qd    = -15 + P

45 - 2P = P - 15

60 = 3P

60/3 = P = 20

Q = 45 - 2*20 = 5

Q = -15+20 = 5

The quantity will be 5 and price 20

<u>Now we will caclulate the consumer surplus:</u>

Which the area of the demand curve above the equilibrium.

We calculate he area of a triangle:

base x high / 2

\frac{(45-5)\times20}{2}

consumer surplus = 400

7 0
3 years ago
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