a process whereby the effect of fluctuations in the level of activity is built into the budgeting system is referred to as flexible budgeting. group of answer choices true false
Answers
A process whereby the effect of fluctuations in the level of activity is built into the budgeting system is referred to as flexible budgeting. The statement is True.
Flexible budgeting is a budgeting approach that takes into account the fluctuations in the level of activity or volume of output within an organization.
It adjusts the budgeted amounts based on the actual level of activity, allowing for more accurate and relevant budgeting information.
With flexible budgeting, the budgeted amounts are not fixed, but rather flexible and adaptable to changes in the level of activity.
This approach allows organizations to better manage their budgets and make informed decisions based on the actual level of activity, rather than relying solely on static budgets that may not reflect the reality of changing business conditions.
Therefore, the statement "a process whereby the effect of fluctuations in the level of activity is built into the budgeting system is referred to as flexible budgeting" is true.
To know more about flexible budgeting, refer here:
https://brainly.com/question/16017304#
#SPJ11
Related Questions
How much is 200 Pound (GBP) in US Dollars
Answers
The rate of 200 Pound (GBP) in US Dollars is affected by various factors such as economic news, political events, and even global events. For example, the Brexit vote in 2016 had a negative impact on the exchange rate of Pound Sterling to US Dollars, causing the rate to drop.
It's a great question to ask, and it's important to know when you are dealing with different currencies. The current exchange rate for 200 Pound (GBP) in US Dollars is around 267.04. This rate is constantly changing, so it's important to keep an eye on it if you plan to make conversions between the two currencies.
The exchange rate is determined by the global demand and supply of each currency. When more people are buying US Dollars than Pound Sterling, the exchange rate goes up, and vice versa. This is why it's important to keep an eye on the exchange rates if you're dealing with different currencies.
Know more about US Dollars here
https://brainly.com/question/16819094#
#SPJ11
Competition among sellers (producers) lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy.
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Answers
Answer:
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
Free market competition is advantageous to the consumer because it promotes the supply of many goods and services, at a lower price than other market structures like oligopoly or monopoly.
In the free market, there are many firms, none have market power, and they produce goods and services that have many substitutes. This means that if a firm raises the price of a good, consumers simply flock to another firm that offers a similar product. This mechanism obliges firms to offer their goods at the market-clearing price, which is the best price for the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Oligopolies ocurr when there are only a few firms in the market, and monopoly ocurrs when there is only one firm. These two market structures allow firms to charge higher prices than the market-clearing price, and to supply less quantity than the market-clearing quantity.
Besides, oligpolies and monopolies are characterized by high barriers to entry and exit, which keep potential competing firms out of market, inhibiting competition.
The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answers
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations
Answers
Answer:
Profit maximization refers to a method adopted by the company to earn more amount of profit through its business operations and investments. Under this, a firm focuses that every decision should contribute profit in the account of the organization.
Explanation:
If a tariff is imposed on imports of shrimp into the united states, u.s. consumers ________ and the u.s. economy will ________.
Answers
Consumers will likely face higher prices, and the U.S. economy may experience certain effects depending on various factors competitiveness of the domestic shrimp industry, trade relationships, and consumer behavior.
Impact on U.S. Consumers:
With a tariff imposed on shrimp imports, the price of imported shrimp is expected to increase. This can be attributed to the additional cost incurred due to the tariff, which is typically passed on to consumers. As a result, U.S. consumers are likely to face higher prices when purchasing shrimp. The extent of the price increase will depend on the tariff rate and the elasticity of demand for shrimp.
Impact on the U.S. Economy:
The overall impact on the U.S. economy will depend on several factors, including the competitiveness of the domestic shrimp industry, trade relationships, and market dynamics. Some potential effects are:
a. Domestic Shrimp Industry: The tariff may provide protection to domestic shrimp producers, as the increased cost of imported shrimp could make domestically produced shrimp more competitive. This could lead to growth and investment in the domestic shrimp industry, potentially benefiting local producers and related businesses.
b. Trade Relationships: Imposing tariffs on shrimp imports may trigger retaliatory measures by other countries, leading to trade disputes and disruptions. This could have broader implications for the U.S. economy, including reduced export opportunities and potential negative impacts on industries relying on international trade.
c. Consumer Choices and Substitution: Higher prices for imported shrimp may prompt U.S. consumers to seek alternative seafood options or shift consumption towards domestic shrimp. This could influence market dynamics and potentially affect the overall demand for imported shrimp.
Consumers are likely to face higher prices for shrimp. The impact on the U.S. economy will depend on various factors, including the competitiveness of the domestic shrimp industry, trade relationships, and consumer behavior. While the tariff may offer protection to domestic producers, it could also trigger trade disputes and lead to broader economic effects. It is essential to consider these factors and analyze the specific context and dynamics of the shrimp market to assess the overall implications on consumers and the economy.
To know more about consumers, visit:
https://brainly.com/question/3227054
#SPJ11
A sector is a diversified group of companies.
True or False
Answers
Explanation:
A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.
For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.
Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True
in the context of controlling middlemen, parallel importing is also known as _____.
Answers
In the context of controlling middlemen, parallel importing is also known as parallel trade or grey market importation. It refers to the practice of importing genuine branded products from one market to another without the consent of the manufacturer or authorized distributor.
Parallel importing occurs when the same product is sold in different countries at different prices, and intermediaries exploit this price discrepancy to buy products in low-cost markets and resell them in high-cost markets for a profit. This practice can disrupt established distribution channels and can create challenges for manufacturers in maintaining price differentials and controlling their brand image. Governments and manufacturers often implement strategies to regulate or restrict parallel importing to protect their distribution networks and pricing strategies.
In the context of controlling middlemen, parallel importing is also known as gray market or parallel market. Parallel importing refers to the practice of importing and selling genuine products without the authorization or involvement of the authorized distributors or manufacturers. It involves the importation of products from one market to another, where they are sold at a lower price than the officially authorized distribution channels. Parallel importing often occurs when price differences exist between different countries or regions. While parallel importing can offer consumers access to lower-priced goods, it can pose challenges for manufacturers and authorized distributors who may lose control over pricing, distribution, and brand reputation.
learn more about Parallel here:
https://brainly.com/question/32334375
#SPJ11
The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.
Answers
If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870
To calculate a 95% confidence interval.
Given Data
size n = 27 , sample mean = 22 , standard deviation = 3.
Here the 95% CI is given as,
× ± t*s/\(\sqrt{n}\)
t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056
(22± 2.056*3/\sqrt{27})
(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})
( 22 - 1.1870 , 22 + 1.1870)
( 20.8129 , 23.187)
Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).
To learn more about confidence interval
https://brainly.com/question/24131141
#SPJ4
What are some things you do NOT include in a personal property inventory?
Answers
Answer:
your house car etc. things like that
Explanation:
Do you think NAFTA should adopt a common currency? Why or why not?
Answers
Answer:
Explanation:
I don't have a personal opinion, but I can provide some information that may be helpful in answering your question.
The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that was signed in 1994. While NAFTA has helped to increase trade between the three countries, it does not include provisions for a common currency.
There are arguments for and against the adoption of a common currency among the NAFTA countries. Proponents argue that a common currency could help to facilitate trade and investment between the three countries, reduce transaction costs, and increase economic integration. It could also help to stabilize exchange rates and reduce the risk of currency fluctuations.
Opponents, on the other hand, argue that adopting a common currency would be difficult due to the economic and political differences between the three countries. It could also lead to a loss of economic sovereignty for each country, as well as potential inflationary pressures.
Ultimately, the decision to adopt a common currency would be a political one that would require the agreement of all three countries. While there are potential benefits to a common currency, there are also potential drawbacks that would need to be carefully considered.
A bond with a $1,000 face value and a 10 percent annual coupon rate matures in 15 years. a. Determine the value of the bond to a friend of yours with a required rate of return of 13%. b. A zero coupon bond with similar risk is selling for $180. The bond has a face value of $1,000 and matures in 15 years. Your friend asks you which bond she should invest in
Answers
Based on the details given, the following are true:
a. Value of bond = $806.09b. Your friend should invest in the bond with $1,000 face valueValue of BondsFirst find coupon:
= 10% x 1,000
= $100
Bond A
= (Coupon x Present value interest factor of annuity, 13%, 15 years) + Face value of bond / ( 1 + 13%)¹⁵
= ( 100 x 6.462) + (1,000 / 1.13¹⁵)
= $806.09
Bond B
= Face value - Current value
= 1,000 - 180
= $820
In conclusion, Bond B is overvalued so your friend should pick Bond A.
Find out more on Bond price calculation at https://brainly.com/question/25365327.
Six years ago, Hendershot Stables paid $84,000 in cash for equipment. Last year, the company spent $7,600 on equipment upgrades. The company no longer uses this equipment and has received a cash offer of $39,600 from a buyer. The current book value of the equipment, including all updates, is $32,200. If the company decides to keep the equipment and use it for a new project, what value, if any, should the company assign to the equipment
Answers
The value that should be assigned by the company to the equipment is $39,600.
What is opportunity cost?Opportunity cost can be described as the potential benefits that is missed out on by a company when it chooses one option over another.
As the company is thinking of using the equipment for a new project, this implies that the opportunity cost of the equipment for the project will be $39,600 offered by a buyer.
Therefore, the value that should be assigned by the company to the equipment is $39,600.
Learn more about opportunity costs here: https://brainly.com/question/12121515.
#SPJ1
Personal likes and dislikes affect the elasticity of a good or service.
Responses
a true
b false
Answers
Answer: B
Explanation:
B false.
Personal likes and dislikes do not affect the elasticity of a good or service. Elasticity refers to the responsiveness of demand or supply to changes in price or income, and is determined by factors such as the availability of substitutes, the necessity of the good or service, and the proportion of income spent on it.Personal preferences may influence the demand for a good or service, but they do not directly affect its elasticity. For example, if someone really likes a certain brand of coffee, they may be willing to pay a higher price for it, but this does not necessarily make the demand for that brand of coffee more or less elastic.
Therefore, the statement "Personal likes and dislikes affect the elasticity of a good or service" is false.
i will give brainiest to the answer that is right
Answers
Answer:
D. 14.99%
Explanation:
If you are at a university and someone asks "what's your MAJOR?" this is what they
want to know:
a) the secondary courses you are taking in college just for fun
b) the academic discipline to which you have formally committed so you can earn
an undergraduate degree
c) which credit cards you have maxed out to afford tuition, housing, food and books
d) which political party you will agree to join and promote on your campus
Answers
Answer:
the answer is B
Explanation:
ntdSraacmdneorPafer difinition
Answers
Answer:
what is the questions word
Explanation:
Which is true of an intrapreneur?
A. They operate in a business as a collaborator
B. They are a failed business person
C. They have no desire to branch out or move up in the business world
Answers
Answer:
I belive it would be A
Explanation:
This most matches the defenition
5. What is the definition of a want? O A. Something you would like to have but will be okay without it. B. Something that is required or very important. O C. Something you can have every other day. D D. None of the above.
Answers
Answer: A
Explanation:
:)
Answer:
A bc it is means to want sum
Coca-Cola has a variety of strategic business units (SBUs) in its beverage business. Glaceau Vitamin Water is in a high-growth market due to customer trends away from carbonated beverages. However, Coca-Cola has a low market share of the bottled water segment. Thus, Glaceau Vitamin Water would be classified as a _______ according to the Boston Consulting Group model.
Answers
Answer:
"Problem child" is the correct answer.
Explanation:
Throughout a highly expanding economy, but with a different business model, the compounds would be considered problematic children or questioning indentations.Glaceau water seems to be in a highly international audience with a large affinity to expansion. Nevertheless, throughout the plastic bottles category, Coca-Cola possesses a slow growth rate.Thus the above is the correct answer.
Mary is a stay-at-home mother whose husband died. She has two small
children to care for, and her husband was the primary wage earner for their
family. What Social Security benefits would care for Mary and her children?
A) retirement benefits
B) disability benefits
C) survivor’s benefits
D) worker’s compensation
Answers
Answer:
The answer that I think would be correct is option C (survivors benefits)
Explanation:
Retirement benefits definition: a form of social insurance payment made by the US Social Security (for age 62 and older) considering that Mary has two small kids, she probably isn't that old.
Disability benefits: in order to be eligible, you have to be unable to do regular or customary work for at least right days. Considering the fact that Mary is a stay at home mother then she wouldn't be employed.
Survivors benefit: this allows a retiree to ensure after death, a continuous lifetime annuity for their dependents.
Workers compensation: provision of benefits to employees who suffered work related injuries. Mary's husband most likely didn't die in the work place.
Which business is the best example of a limited partnership? a. Hudson operates a cell phone repair shop and is personally table for the debts of the business, Zach gave Hudson $50,000 to open the business and now shares in the profits with him. Zach will only be liable for up to $50,000 if the business follo b. Kevin owns a furniture store and is personally liable for the debts of the business Jack works in the store as a salesman and does not share in any profits, nor is he personally liable for the debts of the business c. Steve and Melissa own and operate a frozen custard stand. They are both personally liable for the debts of the business, Megan is an employee who works at the stand serving frozen custard. She does not share in any profits, nor is she personally able for the debts of the business d. Vincente and Keith operate a music studio. They both share equally in the profits, and they are both personally liable for the debts of the business
Answers
option A is the best example of a limited partnership because it showcases the key characteristics of this type of business structure.
The best example of a limited partnership is option A: Hudson operates a cell phone repair shop and is personally liable for the debts of the business, Zach gave Hudson $50,000 to open the business and now shares in the profits with him. Zach will only be liable for up to $50,000 if the business fails.
A limited partnership is a type of partnership where there are two types of partners: general partners and limited partners.
In this example, Hudson is the general partner as he is personally liable for the debts of the business. Zach, on the other hand, is the limited partner as he has invested money into the business but is not personally liable for any debts beyond his initial investment of $50,000.
This example fits the criteria of a limited partnership because it involves both general and limited partners, with the limited partner having a financial stake in the business but limited liability for its debts.
In conclusion, option A is the best example of a limited partnership because it showcases the key characteristics of this type of business structure.
To know more about partnership visit;
brainly.com/question/33558718
#SPJ11
state the importance of agricultural experts
Answers
Answer:
Agriculture is the main source of national income for most developing countries. However, for the developed countries, agriculture contributes a smaller per cent age to their national income. Agricultural sector provides fodder for domestic animals. Cow provides people with milk which is a form of protective food.
a decentralized organizational structure multiple choice places decision making in the hands of top-level managers who have the experience, expertise, and judgment to decide what is the best course of action. allows lower-level personnel lacking the knowledge, time, or inclination to properly manage the tasks they are performing. draws on the combined intellectual capital of all its employees to outperform a command-and-control company. facilitates quick decision making and strong leadership under crisis situations. provides more effective means for coordinating company actions.
Answers
The correct answer is C) draws on the combined intellectual capital of all its employees to outperform a command-and-control company.
A decentralized organizational structure distributes decision-making authority throughout the organization, allowing employees at various levels to contribute their expertise and knowledge. This approach taps into the collective intellectual capital of all employees, leveraging their diverse perspectives and experiences to drive innovation and improve overall performance. By empowering employees and promoting collaboration, a decentralized structure fosters a sense of ownership and engagement, leading to higher levels of productivity and creativity. In contrast, a command-and-control company relies heavily on top-level managers to make decisions, limiting the involvement of lower-level personnel. Therefore, option C accurately reflects the advantage of a decentralized organizational structure.
learn more about "organization":- https://brainly.com/question/19334871
#SPJ11
What are self-service BI tools?
Business intelligence tools that do not require any particular BLANK
expertise are called self-service tools.
Answers
Answer:
Technical
Explanation:
100% on test
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answers
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
On september 17, 2024, ziltech, incorporated, entered into an agreement to sell one of its divisions that qualifies as a component of the entity according to generally accepted accounting principles. By december 31, 2024, the company’s fiscal year-end, the division had not yet been sold, but was considered held for sale. The net fair value (fair value minus costs to sell) of the division’s assets at the end of the year was $11 million. The pretax income from operations of the division during 2024 was $4 million. Pretax income from continuing operations for the year totaled $14 million. The income tax rate is 25%. Ziltech reported net income for the year of $7. 2 million. Required: determine the book value of the division's assets on december 31, 2024
Answers
The book value of the division's assets on december 31, 2024 will be $17 million.
How to calculate the book value:
Income: $7.2 million; 20% tax rate As a result, pretax income ($7.2/80%) will be $9. However, pretax income from the division plus pretax income from continuing operations equals total pretax income. Pretax earnings: $4 million plus $14 million in total. Pretax income totaled 18 million dollars.
Hence, net fair value of the division's assets at year's end plus recognised loss on sale equals book value of the division's assets, which equals $11 million plus $6 million. The division's assets have a book value of $17 million.
Learn more about book value here:
https://brainly.com/question/15289559
#SPJ4
Companies may diversify into related or unrelated industries O True O False
Importing and exporting are the only two strategies that could be used by companies as they expand globally O True O False
Answers
Companies may diversify into related or unrelated industries is O False.
Importing and exporting are the only two strategies that could be used by companies as they expand globally O False.
Is it true that companies can diversify into unrelated industries? Are there other strategies for global expansion?Companies have the option to diversify into related or unrelated industries, making the statement "Companies may diversify into related or unrelated industries" false.
Diversification is a strategic decision undertaken by companies to reduce risk and explore new avenues for growth.
While related diversification involves expanding into industries that are connected or complementary to the company's existing operations, unrelated diversification involves entering industries that are not directly related to the company's core business.
Diversification into related industries allows companies to leverage their existing capabilities, knowledge, and resources, which can result in synergies and economies of scale.
For example, a car manufacturer venturing into the electric vehicle market is considered a related diversification strategy, as it utilizes the company's expertise in automotive manufacturing while exploring a new segment.
While importing and exporting are important strategies for companies expanding globally, they are not the only options available. In fact, there are several other strategies that companies can employ to establish a global presence and tap into international markets.
Companies can choose to establish subsidiaries or joint ventures with local partners in foreign countries. This allows them to gain a deeper understanding of the local market, benefit from existing networks and resources, and navigate cultural nuances more effectively.
Additionally, companies can opt for direct investment by setting up their own manufacturing facilities or offices in foreign countries. This approach provides greater control over operations and enables customization based on local demand.
Learn more about diversify
brainly.com/question/15061601
#SPJ11
franchises will generally have higher ____, but they offer ongoing support and training.
Answers
Franchises will generally have higher direct financing but they offer ongoing support and training.
What is the meaning of financing?Finance is the study and practice of money, money-related instruments, and capital assets. It is associated with economics, which refers to the study of the creation, transfer, and consumption that money, assets, goods, and services, but it is not the same as economics.
The process of raising capital or finances for any type of spending is known as financing. It is the act of directing various financial resources—such as credit, loans, and invested capital—to those parts of the economy that need them most or can use them most effectively.
Learn more about Financing here:
https://brainly.com/question/29493385
#SPJ1
The overriding aim in building a management team should be to: A. select people who are committed to decentralizing decision making and empowering employees. B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution. C. choose managers experienced in controlling costs and flattening the organization structure. D. select people who have similar management styles, leadership approaches, business philosophies, and personalities. E. choose managers who believe in having a strong corporate culture and deeply ingrained core values.
Answers
Answer:
B. assemble a critical mass of talented managers who can function as agents of change and further the cause of first-rate strategy execution.
Explanation:
A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.
This ultimately implies that, a team comprises of individuals, workers or employees having complementary skills, knowledge and experience needed to execute a project or task successfully. Therefore, workers working as a team usually interact with the other team members and as a result, this enhances performance and strengthen the level of relationship they share.
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Generally, the overriding aim in building a management team is to assemble a critical mass of talented managers who are able to typically function as agents of change while furthering the cause of first-rate strategy execution for the growth and development of a business firm or organization.
Both the Army and Marine Corps have a capability need to procure additional helicopters beyond the number specified in the current contract; the helicopter program is currently in production. What cost estimating technique would the services most likely use as a basis for requesting the funding to pay for the additional aircraft?
Answers
Answer:
Actual Cost
Explanation:
Based on the information provided it can be said that the estimating technique needed would be the actual cost technique. This refers to calculating the actual expenditure made for acquiring a specific asset. This includes all of the expenses that the supplier has invoiced as well as the costs incurred to set up, test and deliver the asset in question. Therefore in a situation such as this one the actual cost technique will be used as a basis for the amount of funding to pay.