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2 years ago

What information do you believe is needed in order to create a budget?

Business

1 answer:

Sholpan [36]2 years ago

4 0

Answer:

How to create a budget?

How to create a budget

Calculate your net income

List monthly expenses

Label fixed and variable expenses

Determine average monthly costs for each expense

Make adjustments

You might be interested in

Measuring business activities and reporting those measurements to external parties is the function of ______ accounting.

Andru [333]

Answer:

Financial

Explanation:

Basically, there are two forms of accounting for measuring business activities namely; Financial accounting and Management accounting.

Financial accounting involves the measurement of the business activities over a period using a defined framework or standard such as US GAAP, IFRS, etc. This is usually presented in a form of statements called the financial statements and is used by internal and external stakeholders such as Government, creditors, shareholders etc.

Management account is usually prepared for management purposes and measures the company's actual activities against the budget or plan.

The right answer is financial accounting.

3 0

3 years ago

Please help me with these accounting questions

Alinara [238K]

Answer:

In summary, types of business entity should be differentiated in Ownership; ... Credit transactions: the buyer does not have to pay for the item on receipt, but is allowed ... Dr.Cash 600 Cr.Irrecoverable debt expense 600 8.2 An allowance for ... the day is as follows: Assets Capital + Liabilities （Inventory $50）

Explanation:

5 0

3 years ago

What kind of economy uses a free-enterprise system?

alekssr [168]

Answer:

The U.S. economy is a free enterprise system.

Explanation:

That means that individuals — and not the government — own most of our country's resources.

5 0

2 years ago

The Bureau of Transportation Statistics Omnibus Household Survey is conducted annually and serves as an information source for t

sasho [114]

Answer:

a) For this case we have quantitative data since we have frequencies per each category.

b) For this case is better use percentages since we have frequency counts per each

c) First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

d) For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

$\frac{1036}{44}=23.55$

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

Explanation:

For this case we have the following data given:

Number of respondents that they strongly agree with the statement = 44

Number of respondents that they somewhat agree with the statement = 130

Number of respondents that they somewhat disagree agree with the statement = 165

Number of respondents that they strongly disagree agree with the statement = 741

Part a

Do the responses for this statement provide categorical or quantitative data?

For this case we have quantitative data since we have frequencies per each category.

Part b

Would it make more sense to use averages or percentages as a summary of the responses for this statement?

For this case is better use percentages since we have frequency counts per each category so then not makes sense calculate averages for this case.

Part c

What percentage of respondents strongly agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving?

First we need to calculate the total for the frequencies:

$Total = 44+130+165+741= 1080$ respondents

For this case we can calculate the percentage like this:

$\% Strongly_{agree} = \frac{44}{1080} *100 =4.07\%$

Part d

For this case the percentage of people who agree with allowing drivers of motor vehicles to talk on a hand-held cell phone while driving is just 4.07% and by the other hand the rest of the people correspond to 95.93%.

$\frac{1036}{44}=23.55$

The people who are NOT strongly agree is about 24 times greater than the peopl who strongly agrees.

So we can say that we don't have a general support for the claim.

8 0

3 years ago

Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.

topjm [15]

Increasing W-4 allowances will increase the net pay in your paycheck and reduce your total tax burden. Remember that more W-4 allowances means less tax withheld with your paycheck whereas less W-4 allowances means that more tax withheld with your paycheck.

ANSWERS: increase, reduce

7 0

3 years ago