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Lelu [443]
3 years ago
6

A business plan is a document describing the start-up costs and operating expenses of a new business. Please select the best ans

wer from the choices provided T F.
Business
1 answer:
slamgirl [31]3 years ago
4 0

Answer:

<em><u>False </u></em>

Explanation:

<em>A business plan is a </em><em>written</em><em> </em><em>document </em><em>describing</em><em> </em><em>the </em><em>a </em><em>company</em>'s<em> </em><em>of </em><em>core </em><em>business</em><em> </em><em>activities</em><em>,</em><em> </em><em>objective</em><em>s</em><em>,</em><em> </em><em>and </em><em>how </em><em>it </em><em>plans </em><em>to </em><em>achieve</em><em> </em><em>it's </em><em>goal.</em>

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a significant lag for monetary policy is the time it takes to for a change in the money supply to change the economy. a signific
Andre45 [30]

A significant lag for monetary policy is the time it takes to for a change in the money supply to change the economy. a significant lag for fiscal policy is the time it takes to pass legislation authorizing it. <u>False</u>

<u />

Monetary policy is the macroeconomic policy set by the central bank. It is the demand-side economic policy adopted by national governments to achieve macroeconomics, including the management of the money supply and interest rates.

Monetary policy refers to the measures taken by a country's central bank to control the money supply for economic stability. For example, policymakers manipulate the money supply to increase employment, GDP, and price stability using tools such as interest rates, reserves, and bonds.

Targets such as inflation, c monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth, and liquidity. Consumption, growth, liquidity.

Learn more about Monetary policy here:

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4 0
1 year ago
Explain why a finance manager need to understand accounting information even if the firm has a trained accountant on its staff.
nekit [7.7K]

Answer:

Following are the solution to the given question:

Explanation:

A financial manager should understand adequate information on accountancy. This is irrespective of whether the business does have a trained counterpart.

Accountancy is a necessary input into the function of financial management. Throughout the extent, as accounts were important input in financial decision-making is closely connected with both the interaction between finance and financial.

Accrual analysis provides information mostly on the company's operations. The result of the accountancy is accounts like the income statement, the income statement, and the position financial adjustments report. The information in such statements helps money advisors assess a company's previous growth and career projections.

The purpose of accountancy in the choice process is to gather and provide financial data on the institution's past, present, and future activities.

During the economic transaction, the finance department uses these data. This is not possible for money advisors to collect data or to make choices from accounts. And an investor's primary focus is to collect data and display it, whereas budgeting, control, and judgment are the main job of a financial manager. In a sense, financial management starts at the end of accountancy.

7 0
3 years ago
A thief steals an ATM card and must randomly guess the correct three​-digit pin code from a 9​-key keypad. Repetition of digits
ololo11 [35]

Answer:

The thief has a 0.11% probability of hitting the pin code on the first try.

Explanation:

Simply, if the ATM card has a 3-digit code that can be repeated, and the board has 9 numbers (for example, from 1 to 9), we must start from the smallest number that could be formed with these numbers to the highest number that these numbers could also compose, which in the case would be 111 and 999. Then, 889 different numbers could be formed (it is the distance between 111 and 999), with which the possibility of hitting the key to the first attempt would be 1 in 889 times, or 1/889.

To take the probability to a percentage, we must know that 889 / 8.89 gives 100. Therefore, dividing 1 / 8.89 we will know the percentage of probabilities of hitting the key on the first attempt: 1 / 8.89 = 0.11.

This shows us that the thief has a 0.11% probability of hitting the key on the first try.

8 0
3 years ago
(Related to Checkpoint​ 18.2) ​(Calculating the operating and cash conversion​ cycle) Carraway Seed Company Inc. has for many ye
kakasveta [241]

Answer:

a.Operating Cycle = Inventory Conversion period + Days Sales Outstanding = 100 + 35 = 135 Days

Cash Conversion Cycle = Inventory Conversion period + Days Sales Outstanding - Days Payables Outstanding

                              = 100 + 35 - 11 = 124 Days

b.If Carraway were to decide to take full advantage of its credit terms and delay payment until the last possible date , their cash conversion cycle is 100 + 35 - 51 = 84 Days

c.Carraway should take its suppliers offer to finance its inventory with the interest free 35 Day loan

4 0
3 years ago
Which financial activity helps a company based in another country?
AlekseyPX
The financial activity that helps a company based in another country is : A. Foreign direct investment

Foreign direct investment is a type of investment in the form of ownership of a business entity by an entity in another country. For example : Berkshire Hathaway ownership of a an entity in Indonesia
7 0
3 years ago
Read 2 more answers
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