Answer:
Assurance of future profits
Explanation:
Budgeting refers to estimating a future cost or revenue as on today so as to reduce business uncertainty and achieve planned goals. For example, budgeted costs reveal the estimated costs that would be incurred in the near future.
Budgeting is based upon past figures and current trends so as to estimate the future prospects of an activity under consideration. Such an activity reveals the course of action and aids better planning for the future.
For instance, a cash budget reveals the cash surplus or defict which shall arise in the near future and such a budget draws a firm's attention towards the funds it will require in the near future and from what sources those can be raised.
Since budgeting is an estimate and cannot account for unforeseen business events whose indications did not exist at the time of preparing such budgets, it's results cannot guarantee or assure future profits to a business. It's purpose is to reduce uncertainity, it cannot altogether eliminate uncertainity.
Answer: output should be a profit
Explanation:
Answer:
1. I broke my promise of buying my younger one an Ice-cream when she recovered from her illness. I rather bought her a toy.
2. I lied about not knowing the whereabouts of a man who was to be punished for belonging to a particular religion.
Explanation:
1. The moral theory of utilitarianism will justify the first scenario. This theory states that an action or policy is right if it maximizes happiness or results in the greater good of society. The action I took in the first case resulted in the greater good of my sister because a cup of ice cream would not be healthy for her who was just recovering from an illness. Therefore, that decision was for her greater good.
2. The Deontology theory that states that having a morally justifiable intent is better than obtaining the right results will justify my action. For me, it was not morally right that a man should be punished for his religion and that superseded telling the truth about the man's whereabouts.
Explanation:
For the prosperity and betterment of a society, the foremost role of student is to gather knowledge and wisdom and must not waste his/her precious time carelessly. He must submit himself to the rules of discipline to build a civilized society. ... A student can understand and help common people to understand their rights.
