Answer:
The answer is D, 25%
Explanation:
I just took the quick check
Answer:
the correct option is D) General and administrative expenses.
Explanation:
Expenses that support the overall operations of a business and include the expenses relating to accounting, human resource management, and financial management are called General and administrative expenses.
Additional examples of expenses in this category include rent, advertising, marketing, litigation, travel, meals, management salaries and bonuses.
Answer:
(C). Firms engaged in barter run the risk of having to accept goods they do not want or cannot use.
Explanation:
Countertrade is a trade system in which goods and services are exchanged for other goods and services.
Barter is a type of countertrade where money isn't involved. Only goods and services are exchanged between participating parties.
<em>A disadvantage of barter is that, in the absence of required goods, a firm may have to accept the goods the other firm is offering even though it doesn't need or cannot use those goods at that point in time. </em>The firm could resell the goods later.
Answer:
c
Explanation:
Zero-based budgeting is a method of budgeting in where expenses must be justified for each new period. It requires managers to estimate sales, production, and other operating data as though operations are being started for the first time
The master budget is the sum of all budget made by lower levels in the organisation.
Continuous budgeting is the process of expanding the budget by adding one more month as each month goes by.
A flexible budget is a budget that changes to the activity levels of a the organisation
The gross profit per cap will decrease and the gross profit ratio will decline