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adell [148]
3 years ago
9

The steps in the budgeting process are

Business
1 answer:
Delicious77 [7]3 years ago
6 0

Answer and Explanation:

The steps in the budgeting process are as follows

1. Budget preparation

2 Presentation and budget approval

3. Budget execuetion

4. Budget control

It involves these four steps in the budgeting process

The same would be considered and relevant too

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What is the economic term used for sustained increase in the price of goods and services?
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Inflation
Inflation is mainly characterised by general increase of prices and goods
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Imagine it is Friday evening and your friends ask you to go out with them. Unfortunately, you just paid you car insurance and ha
-BARSIC- [3]

You and your friends often do this sort of thing.  This is an example of...generalized reciprocity

Generalized reciprocity :

Generalized reciprocity is the phenomenon that individuals treat others in the same way that others treated them in the past. Besides the behavioral outcomes, whether intention information also manipulates generalized reciprocal behavior remains unclear.

What is an example of generalized reciprocity?

Generalized reciprocity is gift giving without the expectation of an immediate return. For example, if you are shopping with a friend and you buy him a cup of coffee, you may expect him to buy you one in return at some time in the future.

What do anthropologists mean by generalized reciprocity?

Generalized reciprocity refers to a type of exchange of goods and/or services where the giver and the recipient do not keep an exact ledger of value or stipulate the amount or duration of return.

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5 0
2 years ago
In a simple economy with only businesses and​ households, suppose that the sum total of all the goods and services produced duri
taurus [48]

Answer:

$45 trillion.

<u><em>Explain:</em></u>

The balance between total revenue and the dollar amount of total output arises from the role performed by profit. Profit works as a leftover from cumulative business acquisitions after all other expenses such as long dash wages or dash labor, rents, interests have to be paid. If the dollar value of total output is $500, and the total expenses for producing the output is $450, there is an economic profit of $50. Hence, total income must meet the value of the total output. Therefore, I can say that if one group of people spend, another combination of individuals will realize a profit.

Explanation:

7 0
3 years ago
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Jaguar has full manufacturing costs of their S-type sedan of £22,803. They sell the S-type in the UK with a 20% margin for a pri
AveGali [126]

Answer:

12.18%

Explanation:

Company selling price in US = $55,000

(which is equal to price with 20% margin)

= 27,363 pounds × $2.01

= $55,000

Now the exchange rate increased to $2.15 per pound,

so here the manufacturing cost of the car will increase according to the increase in the exchange rate.

The selling price remains constant, then the profit margin is as follows;

Manufacturing cost of the car = 22,803 pounds × $2.15

                                                  = $49,026.45

Selling price = $55,000

Profit margin:

= Selling price - Manufacturing cost

= 55,000 - 49,026

= $5,973.55

Margin percentage = Profit margin ÷ Manufacturing cost of the car

                                = $5,973.55 ÷ $49,026.45

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4 0
4 years ago
If the nominal interest rate is 8 percent and the inflation rate is 3 percent, then the real interest rate is
Natasha_Volkova [10]

Considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.

Given Information

Nominal interest rate = 8%

Inflation rate = 3 percent

Real interest rate = Nominal interest rate - Inflation rate

Real interest rate = 8% - 3%

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Hence, considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.

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3 years ago
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