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AnnZ [28]
2 years ago
5

Why is the zero-based budget the most effective type of budget?.

Business
1 answer:
sasho [114]2 years ago
6 0

The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

<h3>What is a zero-based budget?</h3>

A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.

The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.

In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

Read more about zero-based budget

<em>brainly.com/question/24950624</em>

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A savings account is useful for all of the following purposes EXCEPT…
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Answer:

The correct answer is letter "A": Putting aside money for retirement.

Explanation:

Savings accounts are those where individuals' can deposit money to profit from the annual interest banks and financial institutions provide. Retirement accounts, on the other hand, are those funded with money discounted from employees' paychecks and do not allow withdrawals unless there is a major qualifying event -<em>if the type of retirement account allows it</em>.

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Which of the following are acceptable to use as references on a resume/job application? A. Past employers B. Teachers C. Family
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The correct option is D.
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3 years ago
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Maria wants to start a restaurant of her own. as she does not have any savings, she approaches her bank for money and enters an
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Line of credit

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Line of credit ( LOC )-

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In the case of LOC , a maximum limit , the interest rate and the time to repay back the amount with some minimum payments is defined beforehand .  

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2020 Advanced Exam - Advanced Scenario 7: Travis and Sylvia Kennedy - Question 2 of 9. 21. The total taxable interest on Form 10
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$140

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A royalty is a charge paid by one person, such as the licensee or franchisee, to somebody else who owns a specific asset such as the rights holder or franchise owner, for the ability to utilize that asset on a continuing basis.This is usually accepted as a percentage of total or total profit obtained through the use of an product or a certain value per unit sold from an item of this kind, although there are still other forms and measures of revenue.

For an illustration, the royalty value for having its e-copy or printing a book like a novel, for selling internationally ranges from 20 to 30% of the overall value of retail selling that the publisher or distributor receives. The fee is paid by them and as with all music royalties, refers to the arrangement (license) between both the writer and the publisher or distributor.

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