The amount an insurance policyholder receives from the

The system that compares actual results to a budget so that significant deviations can be flagged and investigated further is ca

horrorfan [7]

The system that compares actual results to a budget so that significant

deviations can be flagged and investigated further is called management by

exception

Management by exception is the type that helps the managers to focus on

the most important variances while ignoring unimportant changes between

the budget and actual results.

This is commonly used in budgets preparation to ensure that the important

factors which may affect project completion are taken into consideration to

prevent shortages.

Read more on brainly.com/question/25408603

4 0

2 years ago

A list of Year 3 revenues and expenses for Green Thumb, Inc. is provided below. Advertising and Promotion Expenses 262,700 Incom

iren2701 [21]

Answer:

A. Net Income = $304,560

B. Ending Retained Earnings = $420,740

Explanation:

Req. (A)

Green Thumb, Inc.

Income Statement

For the year ended, 31 December, 20Y3

Revenues:

Sales Revenues $1,866,300

Expenses:

Salaries and wages expenses $725,000

Advertising and Promotion Expenses 262,700

Income Tax Expense 56,520

Interest Expense 43,920

Other Expenses 122,600

Other Selling & Administrative Expenses 351,000

Total Expenses = ($1,561,740)

Net Income = $304,560

Note: We can use a multiple step income statement. However, as there is no instruction, we use single step income statement.

Req. (B)

Green Thumb, Inc.

Statement of Retained Earnings

For the year ended, 31 December, 20Y3

Balances, January 1 $162,200

Add:

Net income for the current year $304,560

Less: Dividends ($46,020)

Balances, December 31 $420,740

Note: Here, Balances, January 1 = Beginning Retained earnings Balance

Balances, 31 December = Ending retained earnings.

3 0

3 years ago

Beauty Products International happens to be located a few miles from a minimum security prison. To help released prisoners reint

tatyana61 [14]

Answer:

A employ sustainable business practices with regard to its employees and society.

Explanation:

Since in the question it is mentioned that for helping released prisoners they hired for the entry level jobs, resources are to be provides also at the same time they provides the training & education

So this represents that have business practices that are sustainable in nature with respect to the employees and society

Therefore the correct option is a.

4 0

2 years ago

Super Grocery store allocates its service department expenses to its various operating (sales) departments. The following data i

Kruka [31]

Answer:

6,000

Explanation:

The computation of the total administrative expense allocated to the Meats department is shown below:

= (Total administrative expenses ÷ total square feet) × meat square feet

= ($15,000 ÷ 3,000) × 1,200

= 6,000

We simply do the proportion based on the meats department by dividing the total square feet

All other information which is given in the question is not considered. Hence, ignored it

8 0

3 years ago

A chocolate manufacturer advertises heavily during Christmas with an ad that shows only a picture of red, green, and silver wrap

nikdorinn [45]

Answer: Reminder

Explanation:

The reminder advertising is one of the type of marketing advertisement strategy that is used for reminding about the various types of products and the services in the market and this strategy is also used for introducing the new features and characteristics in the existing products.

The main objective of the reminder advertisement is that it basically using the promoting or the advertising strategy for targeting the customers or users about the goods and the services ion the market.

According to the given scenario, a chocolate manufacturer is basically using the reminder advertising during the Christmas. Therefore, reminder advertising is the correct answer.

3 0

3 years ago