A company's ______ can be described as the set of values, ideas, and attributes that is learned and shared among its members

The process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as thou

user100 [1]

Answer:

Zero based budgeting

Explanation:

Zero-based budgeting is a process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though operations were being initiated for the first time.

It is time consuming compared to other method of budgeting ( traditional).

Zero-based budgeting (ZBB) is a method of budgeting where income less expenditure is equal to zero.

It is a budgeting in which all expenses must be justified for each new period. It is detail-oriented.

Zero-based budgeting can be used to lower costs by avoiding blanket increases or decreases to a prior period's budget.

zero-based budgeting may be a rolling process done over several years.

8 0

3 years ago

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Eight years ago, Bravo Company purchased land for $170, 000. The current fair market value of the land is $421,000. The rate of

victus00 [196]

Answer: $170,000

Explanation:

According to the historical cost concept, the original cost value of a asset (i.e. land) should be recorded in the books. The original cost refers to the cost of a asset at the time of purchasing. As per the principle of historical cost, assets are always recorded as a original cost or historical cost or acquisition cost.

But when a person sold the asset then he will consider the fair market value.

4 0

3 years ago

You are selling a product on commission, at the rate of $1,000 per sale. To date, you have spent $800 promoting a particular pro

Vesnalui [34]

Answer:

Either you quit trying and lose $800 sunk, or you spend $800 for $1,600 total in which the Net from the sale of $1,000 would results in a loss of $600. That means it will be of good to lose $600 than $800.

Explanation:

Since $800 has been spent which means Spending up to an additional $1,000 is still reasonable, but a condition in which you know that the deal will definitely go through.

Secondly since you have already sunk $800, and you know that spending an additional $800 would guarantee it, you can do one among this two options which are either you stop trying and lose the $800 sunk, or you the spend $800 for $1,600($1,000+$600) total in which the Net from the sale of $1,000 would results in a loss of $600($1,000-$800=200,$800-$200=$600). That means it will be of good to lose $600 than $800.

4 0

3 years ago

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Which indicators do economists use to determine the state of the economy?

Alchen [17]

Answer:

The three most important economic indicators are gross domestic product (including GDP per capita, consumer spending, investment, etc.), employment indicators (total employment and unemployment rate) and inflation rate.

There are other economic indicators that are also frequently used like poverty level, life expectancy, foreign trade balance, central bank minutes, etc.

3 0

3 years ago

One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that

Setler79 [48]

Answer:

This question is incomplete, here is the complete question:

One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that this task is disagreeable can be seen in the repeated arguments among team members before every meeting about who should take the minutes. Which of the following would be the most effective way for the team to address this situation? Select: 1

a) Assign note-taking to whichever person enters last at each meeting.

b) Ask your manager to decide in order to minimize any personal bias among team members.

c) Randomly assign a person to be the official note-taker at the beginning of each meeting.

d) Create a rotating assignment so each team member shares note-taking

The answer is d)

Explanation:

Since bias and routine can be a big culprit for team effectiveness, it is up to the manager to control the level of uniformity and objectivity. Teams are all about equality and there is no reason why a particular team member should engage with a monotonous task more frequently than others.

Therefore, a rotating assignment is the way to get every team member engaged with the troublesome task.

Although team member bias would be avoided in the b) case, manager bias would still be present and unavoidable. The a) case is highly unprofessional and is an over-the-top gamification element in team management.

While c) may be a reasonable answer, random assignment can "favor" one person over the other at certain times, as the random algorithm doesn't always have to abide with the uniform distribution.

Having all of that in mind, d) is the best answer possible.

7 0

3 years ago