Answer:
True
Explanation:
INTERPERIOD EQUITY is a government's obligation for enterprise to disclose whether current-year revenues were sufficient to pay for current-year benefits, or was payments defer to future taxpayers. That is, interperiod equity refers to whether the revenues gotten in the current-year are sufficient enough to pay for the services provided that same year.
Answer: (4) Requirement analysis
Explanation:
The requirement analysis is one of the process of determine the actual user expectation for building the new product with the help of new modifications.
The requirement analysis is one of the phrases of SDLC (Software development life cycle). The requirement analysis is also known as requirement engineering.
According to the question, the requirement analysis is one of the software development life cycle phase in which the information system are produced by using the report according to the organization quality.
Therefore, Option (4) is correct.
In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
Answer:
C. A business plan is a business’s roadmap for the future
Explanation:
A business plan a is well formulated document that includes all the details about nature of the business, sales and marketing strategies, customer demographics, projected revenues of the future along with other financial projections. Business plan is often termed as a Blueprint of the Business.
No matter what the scale of a business is, it is a startup or a fortune 500 company, all of the businesses need to have a business plan to get successful. And a proper business plan and its execution which brings a business to massive heights in the first place.
Based on this discussion, we can conclude that option C is the correct answer for this question. Option D is not a correct answer because simply making a business plan does not guarantee success. There are many other factors that determine the success of a business e.g. execution of ideas, choosing the right team, getting enough finances.
