<span>Fixed budget, in a fixed budgetary control
system, the master budget is based on a single prediction for sales volume or other activity level. The budgeted amount for each cost
essentially assumes that a specific amount of sales will occur. A fixed budget, also called a static budget, is<span> based on a single predicted amount of
sales or other measure of activity.</span></span>
PPP is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
<h3 /><h3>What is purchasing power parity?</h3>
Purchasing power parity (PPP) is a method of comparing the absolute purchasing power of currencies and, to some extent, the living standards of people in different countries.
It uses the prices of specific goods to compare the absolute purchasing power of currencies and, to some extent, the living standards of their people.
Therefore the above statement explains the purchasing power parity.
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Answer:
Error = 166.308459
Explanation:
Given that,
Standard deviation (SD) = $600
Sample (n) = 50 persons
Error(E) = ?
For a 95% confidence interval,
Z-value from the z-table is 1.959963985
= 166.308459
Therefore, the margin of error for a 95% confidence interval is 166.308459.
Answer:
These are the options for the question:
A) unconscientious
B) conscientious
C) emotionally stable
D) emotionally unstable
And this is the correct answer:
C) emotionally stable
Explanation:
Alexander can be described as being emotionally stable because he stays calm in stressful situations. In other words, he does not let situations stress him out so much until losing control, no matter how difficult those situations are.
He could also be probably described as conscientious but the statement in the question does not specify whether he is orderly or methodic or not, so the best option is C).
Answer:
(a) A U.S. resident buys shares of a Portuguese company paying via wire transfer from her Wells Fargo account to a Portuguese bank.
The US financial account is debited since the stocks were paid by a transfer from Wells Fargo bank.
The credit happens when the Portuguese bank lends the to a Portuguese company that imports goods from America.
(b) An Australian tourist rents a car in the U.S. and pays with her Australian credit card.
The payment received from the Australian tourist represents a credit in the US financial account.
The debit occurs when an American bank receiving the money from the Australian bank will then lend the money to an American company that imports goods.
(c) A U.S.-owned factory in Britain uses local earnings (i.e., in Britain) to buy additional equipment from a Britain firm.
This transaction doesn't affect the US financial account since the money was originated and spent in Britain.