Orochimaru is better than Sasuke and naruto

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed _____ budg

katrin [286]

A variant of fiscal-year budgeting whereby a 12-month projection into the future is maintained at all times is termed Continuous budgeting.

<h3>What is Continuous Budgeting?</h3>

Budgets are created for future periods, revised throughout current periods, and adjusted at the conclusion of the term. This process is known as continuous budgeting.
In other words, it's the practice of maintaining active, current, and future budgets to monitor costs and project growth in the future.
The majority of businesses create their budgets on a monthly, quarterly, or annual basis, however many businesses now create weekly budgets to monitor sales and shipments.
In the current era, these plans are utilized to establish financial and performance goals and benchmarks for the future.
Following the conclusion of the current period, the budgeting process is restarted by developing a new plan for the following accounting period.

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6 0

1 year ago

On January 1, a company purchased a five-year insurance policy for $3,300 with coverage starting immediately. If the purchase wa

marissa [1.9K]

Answer:

a. Debit Insurance Expense. $660, credit Prepaid Insurance, $660.

Explanation:

The adjusting entry is shown below:

Insurance expense Dr $660 ($3,300 ÷ 5 years)

To Prepaid insurance

(Being the insurance expense is recorded)

here we debited the insurance expense as it increased the expense and credited the prepaid insurance as it decreased the assets

Therefore the option a is correct

7 0

3 years ago

Which of the following is a suggested policy on executive smartphone use?

azamat

Answer:

B. all of the above

Explanation:

Suggested policy on executive smartphone use:

Smartphone configuration and archiving policies.

A mandatory password requirement for smartphones.

A stated policy on deleting messages on smartphones

3 0

3 years ago

A "foreign bond" issue is

cupoosta [38]

Answer:

d. both b and c

A foreign bond is when a foreign entity issues a bond in a local market and in local currency so for example if a Italian company issued a bond to borrow money from American markets, and the bond was issued in USA and it's currency was dollars then it would be classified as a foreign bond so in this case both B and C are correct because a German MNC issuing dollar denominated bonds is an example of a foreign entity issuing a bond in a local market denominated in local currency, and a bond issues by a foreign borrower to investors in national market and denominated in that nation's currency is also an example of a foreign bond

Explanation:

7 0

2 years ago

1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,100 and

diamong [38]

Net operating income will increase/decrease per month if the monthly advertising budget increases by $8,100 and monthly sales increase by $14,400, the net operating income will decrease by $(1620)

Net operating income determines the revenue and profitability of invested actual property assets after subtracting essential operating fees. The system works by using succinctly considering all profits a property makes minus all of the general prices. for instance, a assets might also earn money from tenant rents and a coin laundry system.

To calculate net operating income increase/decrease follow the following steps:

First, calculate the current net operating income

Sales = ( 80*2500 ) = $200000

Variable expenses = (44 * 2500) = $110000

Contribution margin = 90000

Fixed expenses = 76000

Net operating income ( 90000 - 76000 ) = 14,000

Now, calculate the proposed net operating income

Sales = ( 200000 + 14400 ) = $214400

Variable expenses = ( 214400 * 55% ) = $117920

Contribution margin = 96480

Fixed expenses = ( 76000 + 8100) = 84100

Net operating income ( 96480 - 84100 ) = 12380

Therefore net operating income decreased by ( 14000 - 12380 ) = $(1620)

Net operating income measures an income-producing asset's profitability before including any prices from financing or tax. To calculate Net operating income, subtract all running prices incurred on a property from all sales generated at the belongings.

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8 0

1 year ago