Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
Answer:
Utility
Explanation:
In economics satisfaction and pleasure is defined as a utility. When a person drinks water he/she gains utility that is a sense of satisfaction. The most important factor that increases or decreases the demand for a particular commodity is how much utility or satisfaction it provides to the end-user. Overall, the concept was first explained by Jeremy Bentham and John Stuart Mill.
Answer:
The Department of Housing and Urban Development
Explanation:
The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.
The Holden act is enforced by the Department of Housing and Urban Development.
Answer:
Pure Competition
Explanation:
There are 4 types of marketing competitions which are;
1.monopoly
2.monopolistic competition
3. oligopoly
4. pure competition.
Of these 4 competitions, a pure competition is the answer to the above question because by definition, a pure competition is one in which there are no barriers to competition and there a lot of suppliers.
in pure competition, manufacturing companies have little to no say at all on the prices of products as any increase from any company will force consumers to look in another company's direction for the same product.
we can therefore say in summary that <u>a Pure competition is a competition in which a lot of companies sell their products at a unified price.</u>
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Cheers.
Answer:
No Account and explanation Debit Credit
1. Rent expense ($4,300/5) $860
Prepaid rent $860
(To record adjusted rent expense)
2. Supplies expense (7,250-2,950) $4,300
Supplies $4,300
(To record adjusted supplies)
3. Depreciation expense $460
[(44,160/8)/12]
Accumulated depreciation $460
(To record depreciation)
