Answer: Expense budget approach
Explanation: Budgeting is a process of creating an itemized summary of intended expenditure; usually coupled with expected revenue for a particular institution, activity or time-frame. An expense budget approach is one in which managers of a division are given a fixed budget. After all expenses are made and recorded, the managers are then evaluated on the basis of their ability to produce goods or services given the amount of money made available.
<span>This is called data warehousing. This is a core element of business intelligence. Data warehouses store both the current and historical data in one place. The data warehouses can be used to create analytical reports for knowledge workers throughout the enterprise.</span>
Answer:
137.89 days
Explanation:
Days' sales receivables = (Accounts Receivables / Net Credit Sales) *365
Accounts Receivables = $ 680,000
Net Credit Sales = $ 1,800,000
Days' sales receivables = $680,000 / $ 1,800,000 * 360 days
=137.88888
= 137.89 days
The days' sales in receivables is 137.89 days
