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2 years ago

A cash budget will not help identify possible problem times. True False

Business

2 answers:

Firlakuza [10]2 years ago

6 0

The correct answer is False

Explanation:

A cash budget refers to a tool used to predict and control the amount of money that would be spent, this applies to the money that is expected will be spent in a business during a certain time or the money that is expected to be spent for a project. Due to this, in projects, a cash budget is useful to identify possible problems related to the budget or money including possible problem times. According to this, it is false a cash budget will not help identify possible problem times because is useful to predict problems related to money and time.

Mekhanik [1.2K]2 years ago

5 0

False

The cash budget contains an itemization of the projected sources and uses of cash in the future. It is used to ascertain whether company operations and other activities will provide a sufficient amount of cash to meet projected cash requirements.

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A simple index of three stocks have opening values on day 1 and day 8 as shown in the table below. What is the rate of change of

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The correct answer is letter B)-11.4% (APEX)

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Darren has the option of investing in either Stock A or Stock B. There is a 45 percent chance that the return on Stock A will be

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Answer:

15.95 %

16.35 %

Explanation:

Stock A.

Given:

Return expectation r1 = 45%

Probability expectation p1 = 25%

Return expectation r2 = 25%

Probability expectation p2 = 14%

Return expectation r3 = 30%

Probability expectation p3 = 4%

Expected Rate of Return = r1p1 + r2p2 + r3p3.........

= (45% x 25%) + (25% x 14%) + (30% x 4%)

= 11.25% + 3.5% + 1.2%

= 15.95 %

Stock B.

Given:

Return expectation R1 = 45%

Probability expectation P1 = 30%

Return expectation R2 = 25%

Probability expectation P2 = 9%

Return expectation R3 = 30%

Probability expectation P3 = 2%

Expected Rate of Return = R1P1 + R2P2 + R3P3.........

= (45% x 30%) + (25% x 9%) + (30% x 2%)

= 13.5% + 2.25% + 0.6%

= 16.35 %

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2 years ago

An entity should consider the cost of a control in relationship to the risk. Which of the following controls best reflects this

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The answer is D. Your are welcome

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2 years ago

Pharoah Company just began business and made the following four inventory purchases in June: June 1 186 units $1290 June 10 248

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Answer:

Ending Inventory 2,092

Explanation:

PURCHASES

DATE QUANTY PRICE SUBTOTAL

1 186 $6.935484 $1,290.00

10 248 $7.78226 $1,930.00

15 248 $8.38710 $2,080.00

28 186 $8.81720 $1,640.00

Inventory on hand 260

Using FIFO we have to pick from the bottom of the table until reach 240 unit.

last line: June 28th 186 units total cost 1640

240 - 186 = 54 units

we need 54 more units so we go to next purchase

June 15th 54 units at 8.3810 = 542.034 = 542

Now we add to get total ending ivnentory

186 units 1640

54 units 452

Ending Inventory 2,092

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2 years ago

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The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recog

just olya [345]

Answer:

Administrative.

Explanation:

The ways in which organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs falls under the Administrative purpose of a performance management system.

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Strategic purpose.
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Administrative purpose: It is defined as how organizations use the system to provide information for day-to-day decisions about salary, benefits, and recognition programs.

Developmental purpose: It is defined as how system helps organization in developing employee´s skill and knowledge.

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2 years ago