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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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Morris is a software engineer for a manufacturer. He wrote a program for the accounting department. During the testing phase, he

Lyrx [107]

Answer:

The principle of the Software Engineering Code of Ethics that Morris has violated is:

the Product principle.

Explanation:

The Product principle requires that Morris' program (product and related modifications) should meet the highest professional standards. Staying within budget and rationalizing an error as minor are not requirements of the Software Engineering Code of Ethics that Morris subscribed to.

Other requirements of the code include acting in the best interest of the public, client, and employer; maintaining high product standards; integrity and independence in professional judgment; using an ethical approach; maintaining professional integrity and independence; being fair and supportive to colleagues; and ensuring participation in lifelong learning.

5 0

1 year ago

Lionel's Lawn Care is a company that maintains residential yards. Lionel's cost for his standard package of mowing, edging, and

Rudiy27

Answer:

Option "B" is the correct answer to the following statement.

$15

Explanation:

Marginal revenue is the extra revenue produced from increasing sales of a single unit of the commodity. Marginal benefit is the income received by a business or entity when the creation and distribution of one extra or marginal product.

Marginal Benefit = New revenue - Old revenue

= ($40) - ($25)

=$15

So,the Marginal Benefit for Lionel's Lawn Care is $15 .

5 0

2 years ago

An activity's normal time and cost are 8 and $100, respectively. its estimated crash time and cost are 6 and $160, respectively.

Sphinxa [80]

An activity's normal time and cost are = 8 and $100 respectively
estimated crash time and cost are = 6 and $160 respectively
Activity's crash cost per unit time = ?
crash cost per unit time = cost slope and,
cost slope = rise/run = (crash cost - normal cost) / (normal time - crash time)
cost slope = (160 - 100) / (8 - 6) = 60 / 2 = $30
so, crash cost per unit time is $30.

3 0

2 years ago

Ricardo borrowed $5,000 from his friend, Lorenzo. Ricardo signed a handwritten note stating, "I promise to pay $5,000 to Lorenzo

Andreyy89

Answer: Promissory note

Explanation:

Promissory note is considered to be an financial instrument that consist of the promise made by a person through a written document stating to pay a certain sum of money to another party as mentioned on the specific date or time.

Promissory note usually contains the details of indebtedness name , date, interest amount, principle amount, place of issuance and signatures of the parties involved. This instrument basically gives the information of how the party owes money to another party. this note is legally enforceable by law.

4 0

1 year ago

The Wei Corporation expects next year’s net income to be $15 million. The firm is currently financed with 40% debt. Wei has $12

Sophie [7]

Answer:

52%

Explanation:

Before diving into the use of residual distribution model, first, let us specify what our Total Investment required, Equity, Next year net income is:

Total Investment Required = 12,000,000

Equity = 12,000,000 × (1 - 40%) = 7,200,000

Next Year Net income = 15,000,000

Using the residual distribution model , we can specify that,

Retention Amount of Net income = Equity required = 7,200,000

and,

Dividend Distribution = Net income - Retention Amount of Net income

==> Dividend Distribution = 15,000,000 - 7,200,000

==> Dividend Distribution = 7,800,000

Therefore,

Payout ratio = Dividend Distribution ÷ Net income

==> Payout ratio = 7800000 ÷ 15000000 = 0.52

Therefore, the Payout ratio for next year will be 52%

8 0

1 year ago