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irga5000 [103]
2 years ago
15

List 2 advantages and 2 disadvantages of budgeting.

Business
1 answer:
likoan [24]2 years ago
7 0
<h3>Two advantages of budgeting;</h3>

i. Manage your money effectively.

ii. Monitor performance.

<h3 /><h3 /><h3>Two disadvantages of budgeting;</h3>

i. Time required.

ii. Gaming the system.

iii. Blame of outcomes.

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Suppose that you run a house-painting company and currently have 2 workers painting a total of 4 houses per month. If you hire a
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Answer:

b. set in when the fifth worker is hired

After this point additional worker return will be lower.

Explanation:

Trhe diminishing return are the moment at which the marginal increase in production decrease.

In other words, adding a new resource provide less return than his predecessor.

Marginal

2 do 4 hours

3 do 6 houses (marginal 6 - 4 =    2)

4 do 9 houses (marginal 9 - 6 =    3)

5 do 13 houses (marginal 13 - 9 = 4)

6 do 15 houses (marginal 15 - 13 = 2)

the marginal output decrease from 4 to 2 the returns decreased.

5 0
2 years ago
IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)
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Severe Inflation

Above $2.34

Explanation:

If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model), then one Risk is a movement toward Point "P" with severe inflation. The corresponding AS/AD Model would move from a Price Level of $2.00 to above $2.34.

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3 years ago
Provide the economic term/concept for this description. *NO ABBREVIATIONS*
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Answer:

8gc uv u o du I. 8. o ixd u. o

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3 years ago
Explaination about floating rate notes as a type of bond​
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Its a suspension bond
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Which of the statements below is​ FALSE? A. The balance sheet reports the performance of the firm over the past period. It summa
Colt1911 [192]

Answer:

A. The balance sheet reports the performance of the firm over the past period. It summaries and categorizes a​ company's revenues and expenses for that period.

Explanation:

The balance sheet is a financial document or statement that shows a company's total assets at a particular time. It indicates how the assets are financed. A balance sheet reports the net worth of a business. It shows the assets, the liabilities, and the shareholders' equity.  

The preparation of a balance sheet follows the principle of assets equals the sum of liabilities and equity.  It does not record incomes of expenses of a business for a financial year. The income statement is the financial report that shows the revenue and expenses of a company in a period.

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3 years ago
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