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Sergeu [11.5K]
3 years ago
14

The system that compares actual results to a budget so that significant deviations can be flagged and investigated further is ca

lled:
Business
1 answer:
horrorfan [7]3 years ago
4 0

The system that compares actual results to a budget so that significant

deviations can be flagged and investigated further is called management by

exception

Management by exception is the type that helps the managers to focus on

the most important variances while ignoring unimportant changes between

the budget and actual results.

This is commonly used in budgets preparation to ensure that the important

factors which may affect project completion are taken into consideration to

prevent shortages.

Read more on brainly.com/question/25408603

You might be interested in
Select the items that describe how business investments can cause economic growth.
NikAS [45]
Investments can lead to more demand for goods. Investment means an increase in capital spending and is a component of Aggregate Demand (AD), if there is an increase in investment it will help to boost AD and therefore economic growth.
4 0
3 years ago
An individual is now 50 years old, that he plans to retire in 10 years, and that he expects to live for 25 years after he retire
Nutka1998 [239]

Answer:

Ans.  He must save during each of the following 10 years, at the end of each year $32,452.

Explanation:

Hi, in order to find the amount of money that he should have in ten years so he can receive an annual payment of $65,156 for 25 more years (24 payments), we need to bring to present value all 24 payments to year 10. Let me show you the formula.

PresentValue_{10} =\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }

Where:

A= $65,156

n= 24

r= 0.08

Therefore the present value in year 10 is:

PresentValue_{10} =\frac{65,156((1+0.08)^{24}-1) }{0.08(1+0.08)^{24} }=686,012

So that is our present value in year 10, or to put it in other words, our future value (if we look at it from year 0). Now we need to find the annuity (amount to save) that with account for $686,012, plus that $100,000 that he already has saved.

Every should look like this.

686,012=100,000*(1+0.08)^{10} +\frac{A((1+0.08)^{10}-1) }{0.08(1+0.08)^{10} }

And we solve this equation for "A".

686,012=A(14.4865625)+215,892

A=\frac{(686,012-215,892)}{14.4865625} =32,452

Best of luck.

5 0
3 years ago
Wassenaar Arrangement HIPAA PCI DSS FERPA GLBA SOX A. Provides safeguards for credit card transactions B. controls the way finan
Amiraneli [1.4K]

Your question is quite unclear, However it would be inferred you want a match of the functions of the abbreviated organizations.

Explanation:

Wassenaar Arrangement

C. International agreement that controls the export of encryption technologies; in order  to combat terrorism.

HIPIAAB (Health Insurance Portability and Accountability Act).

D. Provides data privacy for safeguarding medical information

PCI DSS (Payment Card Industry Data Security Standard).

A. Provides safeguards for credit card transactions

GLBAD (Gramm-Leach-Bliley Act)

B. controls the way financial institutions deal with private information of individuals.

SOX (Sarbanes-Oxley Act).

F. protects investors from fraudulent accounting activities.

8 0
3 years ago
Imagine a linear demand curve graphed with Quantity on the x-axis and Price on the y-axis. We know the middle of the curve is th
Murrr4er [49]

Answer:

A. That's the point where total revenue is maximized

Explanation:

Demand Curve is a downward sloping curve representing inverse  relationship between price & quantity demanded.

Elasticity of Demand is the responsiveness of quantity demanded to price change. It can be measured geometrically on a demand curve point by :

Demand curve segment below the point / Demand curve segment above the point.

This way the elasticity keeps on decreasing as we move downwards on the demand curve [Ed=∞ to Ed >1 to Ed = 1 to Ed < 1 to Ed = 0] i.e [from perfectly elastic to elastic to unitary elastic to inelastic to perfectly inelastic demand].

If Demand is Elastic [Ed >1] : There is negative relationship between price and Total Revenue. This point is on the upper segment of demand curve as per geometric method, P- TR negative relationship implies that TR can be increased by decreasing Price.

If Demand is Inelastic [Ed <1] : There is positive relationship between price &total revenue. This point is on the lower segment of demand curve as per geometric method, P-TR positive relationship implies that TR can be increased by increasing price.

So: The best Total Revenue Maximising point is on the middle of demand curve where demand is unitary elastic [Ed=1] - as any other deviation from this point would create an incentive to change price to generate higher revenue.

3 0
3 years ago
Name a bar establishment that you visited before. Describe the<br><br>ambience and its features.​
andreev551 [17]

Answer:

Neighbourhood Bar & Resto

Explanation:

What a great experience! Sulit ang money especially for the platters that they offer, we enjoyed the James platter because of the nachos. Like the kropek too. Love the cold beer because of the unlimited ice and panalo din yung colored pink na cocktail drink. Nice choice of songs for the acoustic band then plus na lang yung area when you can play! Then clap clap for the alertness of staff... Pop na pop!!!! Ahahaha...Excellent evening out with a vibrant crowd.  Not artificial but with quality. Good food. Affordable drinks and foods.  

8 0
2 years ago
Read 2 more answers
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