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mamaluj [8]
2 years ago
10

Which of the following is true of budgeting? Question 1 options: Budgeting forces management to plan for the future. Budgeting c

reates a plan of action only in terms of production units. Budgeting eradicates the need for keeping a buffer against uncertainties in demand. Budgeting relies on the control cycle to design the planning cycle for future action. Budgeting focuses only on long-term objectives as covered by the planning cycle.
Business
1 answer:
coldgirl [10]2 years ago
3 0

Answer:

correct option is Budgeting forces management to plan for the future.

Explanation:

The budget depends on the control cycle to design the planning cycle for future action. Because budget is the only way to compare reality in determining performance evaluation, but budget is not in the nose of planning the future                                                          

so correct option is Budgeting forces management to plan for the future.

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Stealth bank has deposits of $600 million. It holds reserves of $30 million and government bonds worth $80 million. If the bank
kiruha [24]

Answer:

its total assets equal to  $510 million,

Explanation:

Total assets = Loans + Bonds + Reserves

                    = $400 million + $80 million + $30 million

                    = $510 million

Therefore, its total assets equal to  $510 million,

7 0
2 years ago
Determinant Company is a​ price-taker and uses a​ target-pricing approach. Refer to the following​ information: Production volum
Maru [420]

Answer: good day!

Explanation: you’re awesome

3 0
2 years ago
If an increase in the price of pineapple juice of 10% results in an increase in the demand for grape juice of 5%, the cross-pric
expeople1 [14]

Answer and Answer

Cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes

You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD = (% Change in Quantity Demand for Good A) Ă· (% Change in Price for Good A) Therefore the problem becomes CPEoD = 10% / 5% so CEPoD = 2%

.                        =2%

7 0
2 years ago
Read 2 more answers
In your opinion, what would be the consequences if the memory manager and the processor manager stopped communicating with each
Tomtit [17]

The consequence if a memory manager and a processor manager stopped communicating would lead to a negative outcome as they need to communicate in order for the process managaer to process the information that is being delivered in and out and for the memory manager to store each of that information that could be later use in the future and for privacy purposes. If they weren’t able to communicate, the process would be disrupted, causing negative outcomes such as having information to be leaked and to have no organization at all.

4 0
2 years ago
Merchant Company purchased property for a building site. The costs associated with the property were: Purchase price$185,000 Rea
Kruka [31]

Answer:

$206700.

Explanation:

Given: Purchase price= $185000.

           Real estate commissions= $15000.

            Legal fees= $700.

            Expense of clearing land= $2000.

            Expense to remove old building= $4000.

Now, calculating the expense allocated to the cost of land.

As given property is purchsed for a building site and expense are to clear land for new building.

⇒ Expense allocated to the cost of land= Purchase\ price+ Commissions+ Legal\ fees+ Expense\ of\ clearing\ land+ expense\ to\ remove\ old\ building

⇒ Expense allocated to the cost of land= \$ 185000+\$ 15000+\$ 700+\$ 2000+\$ 4000

∴ Expense allocated to the cost of land=  $206700.

Hence, $206700 should be allocated to the cost of the land.

3 0
3 years ago
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