When a company allocates the use of specific resources throughout the firm based on a financial plan indicating management's expectations, then the company is using a(n) as the basis for making decisions.
Answers
Allocation is the use of specific resources throughout the firm based on a financial plan indicating management's expectations and for making such allocation a company uses the budget as the basis for making decisions.
What is the meaning of the term "budget"?An economic plan for a described period, regularly one year is referred to as a budget. It might include deliberate income volumes and revenues, aid quantities, expenses and expenses, assets, liabilities, and cash flows.
Budgets are mainly prepared by a company to keep a track of the budgetary goals to be achieved by the organization and take preventive action if there are any variances.
Hence, When a company allocates the use of specific resources throughout the firm based on a financial plan indicating management's expectations, then the company is using the budget as the basis for making decisions.
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Related Questions
When does a product’s life cycle begin? A. once the product begins to lose customers B. once the product is successful in the market C. once an idea is converted into a marketable product D. once competition enters the market
Answers
Answer:
C.
once an idea is converted into a marketable product
Explanation:
Answer:
Its c
Explanation: I got it right so you should too
Elastic supply occurs when a small change in price brings about a large change in the quantity supplied. Which of the following is not a main factor that can lead to a good or service having elastic supply?
The product can be manufactured at a higher cost.
The product can be manufactured quickly.
The product can be manufactured using few resources.
The product can be manufactured using easily obtained resources.
Answers
Answer:
The product can be manufactured at a higher cost.
Explanation:
Which type of traditional media can potentially reach a larger audience than print media, but is more expensive than newspapers and magazines and can be complicated to produce?
Answers
Answer:
Ad industry
Explanation:
The Ad industry in one such type of a traditional media who have a large audience than the other traditional media like the print media. But unfortunately, the ad media is much more expensive or costly when compared to print media such as magazines and newspapers and it is also complicated to produce.
Carla needs to examine the structure of the tables in her database. Where will she find the Table Analyzer Wizard in
Access 2016 to achieve this goal?
O Home
Create
O Database Tools
O File
Save and Exit
Nexi
Mark this and return
Answers
Answer:
database tools
Explanation:
Answer:
C) Database Tools
Explanation:
A Clean Cut of Leadership
There has been a spike in coronavirus cases at the meatpacking plant you oversee. Many of your employees are calling in sick, whether or not they really are. You'll need to provide strong leadership if you want to motivate your workforce to keep coming in. Can you succeed and keep the plant operating?
Answers
Yes, it is possible to exhibit strong leadership in the face of adversity as a leader. In fact, it is in such situations that leaders must demonstrate value and problem-solving skills.
What are the things that must be done?First show empathy and support.Ensure that the company as a legal entity and all members of staff follow government protocol as advised by the CDC guidelines.Put in a business continuity plan in place to ensure that where possible, customers can still be served.Activate remote-work protocolDon't forget to check in on as many persons as you can and assist them with getting medical help and vaccinations.As the leader, you must also take care of yourself.It is to be noted that in every business, health comes first before work. How the leader is able to demonstrate flexibility and grit in times like this will determine the future of the business.
Leadership, as a study topic and a practical talent, refers to a person, group, or organization's capacity to "lead," influence, or direct other individuals, teams, or entire organizations. The term "leadership" is frequently regarded as a contentious one.
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URGENT!! Which type of payroll report is prepared for the employee's use?
A. Form W-3
B. Form W-2
C. Form 941
D. Form 940
Answers
Answer:
Hope this helps and have a nice day
Explanation:
The type of payroll report that is prepared for the employee's use is Form W-2.
Option B. Form W-2
Discuss any five advantages of the mixed economic system
Answers
what are the effects of increasing a manager's span of control ?
Answers
Answer: Higher average span of control means fewer layers of management within the organization and a relatively flatter organizational structure.
Explanation: This can lead to, Faster decision-making due to fewer levels of approvals required for a specific decision, which allows the company to respond more quickly to business issues.
If firms in the coffee shop industry are earning positive economic profits, which of the following will most likely occur in the future?
Group of answer choices
The quantity of coffee sold will fall.
The economic profits of the firms in the industry will remain constant.
The market price for coffee will rise.
Some firms will enter the market.
Answers
Economic profits refer to the difference between a firm's total revenue and its total costs, including both explicit costs (such as wages and rent) and implicit costs (such as the opportunity cost of the owner's time and capital). When firms in the coffee shop industry are earning positive economic profits, it indicates that they are making more money than they could in their next best alternative use of resources.
In a competitive market, positive economic profits serve as an incentive for new firms to enter the industry. These firms see the opportunity to earn profits and are motivated to set up their own coffee shops. As a result, the number of firms in the market will increase. With the entry of new firms, the market for coffee will become more competitive. Increased competition tends to drive down the economic profits of existing firms as they have to share the market with new entrants. Therefore, it is less likely that the economic profits of the firms in the industry will remain constant. Additionally, the quantity of coffee sold is not likely to fall. In fact, it may increase as new firms enter the market and offer more choices to consumers. The market price for coffee may also be affected by the increased competition, but it is not guaranteed to rise. It could either remain the same or even decrease depending on various factors such as consumer demand and the cost of production.
In summary, if firms in the coffee shop industry are earning positive economic profits, it is most likely that some firms will enter the market in the future, leading to increased competition and potentially impacting the economic profits of existing firms. The quantity of coffee sold may increase, but the market price for coffee may or may not rise.
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Competition-baed pricing i alway etting price that i oppoite on the price offered by competitor. I it true or fale ?
Answers
False. Competitor-based pricing is just one of the many pricing strategies used by companies.
It involves analyzing the prices of similar products or services offered by competitors and setting prices accordingly. The goal is to stay competitive in the market and remain attractive to customers.
However, blindly setting prices based solely on what competitors are offering may not always be the best approach. Companies should consider various factors such as production costs, target customer segments, brand image, and so on, before setting their prices.
A sustainable pricing strategy should balance the need to remain competitive with the need to generate sufficient revenue to cover costs and achieve profitability.
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The Financial Accounting Standards Board (FASB) is the authoritative body that has primary responsibility for developing accounting principle True False The normal balance of a capital account is a debit. True False
Answers
The Financial Accounting Standards Board (FASB) is the authoritative body that has primary responsibility for developing accounting principles - True.
The normal balance of a capital account is a credit - False.
In accounting, the normal balance of a capital account is a credit. The capital account represents the owner's equity or the net assets of a business. Increases in the capital account are recorded as credits, while decreases are recorded as debits.
The Financial Accounting Standards Board (FASB) is indeed the authoritative body responsible for developing accounting principles in the United States. It sets the standards and guidelines that govern how financial information is reported and disclosed by companies. These standards, known as Generally Accepted Accounting Principles (GAAP), provide consistency and comparability in financial reporting, ensuring that financial statements are reliable and transparent. The FASB establishes and updates these principles based on rigorous research, public input, and industry expertise. Its role is crucial in maintaining the integrity and accuracy of financial reporting, which is essential for making informed decisions and promoting confidence in the financial markets.
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Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 9x – 2x², C(x) = x2 – 5x² + 4x + 1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.)
Answers
To find the maximum profit and the corresponding production level, we need to determine the quantity that maximizes the difference between revenue and cost. The profit function, P(x), can be expressed as P(x) = R(x) - C(x).
Given that R(x) = 9x - 2x^2 and C(x) = x^2 - 5x^2 + 4x + 1, we can substitute these equations into the profit functionTo find the maximum profit, we need to find the vertex of the quadratic function. The x-value of the vertex can be determined using the formula x = -b / (2a), where a = 4 and b = 5.Now, substituting this x-value back into the profit function, we can find the maximum profit:Performing the calculations, we can find the maximum profit.The production level for the maximum profit corresponds to the x-value of the vertex, which is approximately -5/8 (or 0.625 when rounded to the nearest thousand units). Therefore, the production level for the maximum profit is about 625 units.
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A firm purchased an asset with a 5-year life for $80,000, and it cost $5,000 for
shipping and $10,000 for installation. According to the current tax laws the initial
depreciation value of the asset is
$95,000
$90,000
$85,000
$80,000
Answers
The initial depreciation value of the asset would be $95,000. This is because the cost of the asset, including shipping and installation, is added together to get the total cost basis of $95,000.
The current tax laws allow for a bonus depreciation of 100% for qualified property placed in service between September 27, 2017 and January 1, 2023. This means that the entire cost basis can be claimed as a deduction in the year the asset was purchased. However, if the asset is not considered qualified property or is placed in service after 2022, the depreciation would be spread out over the asset's useful life of 5 years using the modified accelerated cost recovery system (MACRS).
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the imf was initially established to allow members to borrow short term to adjust their balance-of-payments position and maintain their ______.
Answers
The International Monetary Fund (IMF) was initially established to allow member countries to borrow short-term funds to adjust their balance-of-payments position and maintain their: exchange rate stability.
The primary goal of IMF is to promote international monetary cooperation and facilitate the growth of global trade. By providing temporary financial assistance to countries experiencing balance-of-payments issues, the IMF aims to help these countries maintain their exchange rate stability, which is crucial for international trade and economic growth.
To achieve this goal, the IMF offers different types of financial assistance to its member countries. These include Stand-By Arrangements, which are typically short-term loans provided to countries facing balance-of-payments problems.
The borrowing country commits to implementing specific economic policies in exchange for the financial assistance. The IMF also provides technical assistance and economic policy advice to help countries design and implement effective policies to achieve macroeconomic stability.
In summary, the IMF was established to enable member countries to borrow short-term funds to adjust their balance-of-payments position and maintain their exchange rate stability. This assistance helps promote international monetary cooperation, supports the growth of global trade, and ensures that member countries can maintain stable economies.
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A data warehouse designer must define common business dimensions that will be used by a data analyst to expand a search.
a. True
b. False
Answers
The statement is True. A data warehouse designer is responsible for designing and implementing a data warehouse, which involves defining common business dimensions.
Business dimensions are the key categories or characteristics that are relevant to the business and provide a structure for organizing and analyzing data. They help in categorizing and organizing data to support various analytical queries and reporting needs.
By defining common business dimensions, the data warehouse designer enables the data analyst to expand their search and explore the data in a meaningful and consistent manner. By defining common business dimensions, the data warehouse designer facilitates data analysis and enables the data analyst to gain valuable insights.
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do you feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely spontaneous creativity that occurs today, often in areas where new technologies are not expected to exert a great influence.
Answers
Countries and businesses require explicit strategies for technological development, according to the current market and business scenario, companies and countries use the most recent and up-to-date technologies.
What is meant by explicit strategies?Explicit strategies for technological development are unnecessary for countries and businesses. They may desire it in order to improve business processes and adapt to new technologies. Explicit strategies are those that are well defined and implemented in order to have clear technological development to the specified business structures. Implicit strategies, on the other hand, tend to confine companies and countries to a specific way of thinking, resulting in more concise technological development. This strategy would aid in simulating innovation and creativity in technological development.Because of the increase in technological advancement and Internet usage, our reliance on technology and its applications has changed in all aspects of our daily lives. Businesses must address the current demands of modern customers and the market, so IT-enabled solutions are required to achieve organizational goals and objectives.To learn more about strategy refer to :
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Yes i feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely...in areas where new technologies are not expected to exert a great influence.
Give a brief account on technological development.The process of developing new technologies or methods through invention, innovation, and spread is known as technological change (TC) or technological development. In essence, technological change includes the creation of technologies (including processes) and their commercialization or release as open source through research and development (producing emerging technologies), the continuous improvement of technologies (in which they frequently become less expensive), and the dissemination of technologies throughout industry or society (which sometimes involves disruption and convergence). To put it simply, better and more technology are the foundations of technological change. The "Linear Model of Invention," which was once used to illustrate technological change, has largely been abandoned in favour of a model of technological change that incorporates innovation at all stages of research.
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the audit team is auditing the quality requirements for a process that can be improved. senior management needs to know whether or not they should consider changing the process and require your input as a project manager. the audit team has identified issues and recommended a change to the process. what should you do first to provide the most appropriate information for senior management to make a decision on this investment? answers a. create a business case b. perform a cost-benefit analysis c. perform a force field analysis d. create a balanced matrix
Answers
The audit team is inspecting the quality criteria for a process that might be improved. After the audit team has discovered faults and advised changes to the process, senior management will need to do a cost-benefit analysis to make a decision on this expenditure. Thus, option B is correct.
A cost-benefit analysis is used to evaluate an intervention's advantages and disadvantages, which are both stated in monetary units. Healthcare systems are considered in both CBA and cost-effectiveness analysis (CEA).
In the provided example, the audit team is inspecting the quality criteria for a process that can be improved, then the senior management will must conduct a cost-benefit analysis to decide whether to spend the money.
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what are some good reasons to become a illustrator
Answers
Answer:
able to create anything on a daily basis, sketch, and you can also get really big rewards from it
Receiving a voucher for an apartment in a public housing project would be an example of a good that satisfies the:A) definition of a good with a positive externality.B) definition of a public good.C) principal of rival consumption.D) non-exclusion principle.
Answers
Receiving a voucher for an apartment in a public housing project would be an example of a good that satisfies the B) definition of a public good.
A public good is one that is non-excludable and non-rivalrous, meaning that it can be used by everyone and one person's use does not diminish the availability for others. In this case, public housing is provided for the benefit of the community and aims to address the issue of affordable housing for all who qualify.
therefore, Receiving a voucher for an apartment in a public housing project would be an example of a good that satisfies the B) definition of a public good.
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What are interpersonal skills?
A.
the skills required to develop your personality
B.
the skills required to grow in your job role
C.
the overall way of portraying yourself when communicating with others
D.
the overall way you deal with conflicts
Answers
Answer:
The answer is 2
Explanation:
Answer is the letter D the overall way you deal ith conflicts
Answer:
C.
the overall way of portraying yourself when communicating with others
Explanation:
under what circumstances could a broker-dealer firm share in a financial loss with a customer?
Answers
Under normal circumstances, a broker-dealer firm would not share in a financial loss with a customer. The relationship between a broker-dealer and a customer is typically based on a transactional arrangement where the customer engages the services of the broker-dealer to execute trades, provide investment advice, or other related services. In such cases, any financial losses incurred by the customer are borne solely by the customer.
However, there may be certain exceptional circumstances where a broker-dealer firm could potentially share in a financial loss with a customer. One such scenario could be if there is a specific agreement or contract in place between the broker-dealer and the customer that outlines such a provision. This could occur in situations where the broker-dealer assumes a certain level of risk or liability for the customer's investments or trading activities, and there is an explicit agreement to share in any resulting losses.
It is worth noting that such agreements are relatively uncommon in the brokerage industry. Broker-dealer firms are typically intermediaries that facilitate transactions and provide services, but they do not typically assume direct financial responsibility for the customer's investment losses. Customers are generally expected to bear the financial risks associated with their investment decisions, while the broker-dealer's role is to execute orders and provide relevant information and guidance to the customer.
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An automobile assembly line can produce 3 cars per hour. How long would it take this assembly line to produce 150 cars
Answers
If it takes 1 hours to produce 3 cars
x hours to produce 150 cars
then cross multiply,
150=3x
x= 150/3
x=50
It would take the assembly line 50 hours to produce 150 cars.
What are the costs of “freebie” items?
Answers
Answer:
The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.
Explanation:
Answer:theres no cost its a freebie
Explanation:
How does investment in human capital impact a company's productivity?
The more workers a company has, the more it produces.
The more highly educated the workforce, the greater the production.
The more the workforce requires extensive training, the less production in the
long run.
The larger the workforce, the larger the management structure and the lower the
production.
Answers
Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.
what is the poem about "a bird came down the walk"
Answers
Answer:
It is called A bird came down the Walk by Emily Dickinson
barriers to entry include which of the following? multiple select question.
A. patents
B> economies of scale C. capital requirements
D. vertical integration E. economies of scope
Answers
Barriers to entry are obstacles or challenges that prevent new firms from entering a particular market. They can be both intentional and unintentional and can vary across industries. Barriers to entry can be beneficial for existing firms as they provide them with an advantage in the market.
Some of the common barriers to entry include patents, economies of scale, capital requirements, vertical integration, and economies of scope. Patents are legal barriers that prevent new firms from producing or selling a particular product or service. Economies of scale occur when the cost per unit of output decreases as the size of the firm increases. This provides an advantage to existing firms as new firms cannot achieve the same cost savings. Capital requirements refer to the amount of money required to enter a particular market. If the capital requirements are high, it can be difficult for new firms to enter the market. Vertical integration occurs when a firm controls both upstream and downstream activities in the supply chain. This can prevent new firms from entering the market as they do not have the same level of control over the supply chain. Economies of scope occur when a firm can produce multiple products using the same resources.
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What is the gross income for a real estate agent in 2021?
Answers
Answer:
It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.
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improving the quality or amount of factories and machines would involve an investment in .
Answers
Improving the quality or amount of factories and machines would involve an investment in Capital Goods
Improving the quality or amount of factories and machines would require an investment in capital goods, also known as physical capital. Capital goods are durable goods that are used in the production process, such as machinery, equipment, buildings, and infrastructure. Investing in capital goods can improve the productivity and efficiency of a company, enabling it to produce more goods and services at a lower cost. This can increase the company's competitiveness and help it grow and expand its operations. An investment in capital goods is a long-term investment, as these goods have a useful life of several years and are expected to generate returns over that period.
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One of the major financial statements prepared in the fifth step of the accounting cycle is the:financial accounting.perform an independent audit.statement of cash flows.
Answers
One of the major financial statements prepared in the fifth step of the accounting cycle is the statement of cash flows. Hence, the correct option is C.
The statement of cash flows is a financial statement that shows the inflows and outflows of cash for a company during a specific period of time. It provides valuable information about a company's liquidity and its ability to meet its financial obligations. The statement of cash flows is prepared as part of the fifth step of the accounting cycle, which involves preparing adjusting entries and preparing the financial statements. The other major financial statements prepared in this step are the income statement and the balance sheet. An independent audit is typically performed by an external auditor and is not part of the accounting cycle itself.
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What is the difference between a debit card and a cash card? A. A debit card is less secure than a cash card.  B. A cash card can only be used in certain stores.  C. A cash card is not tied to a bank account.  D. A debit card carries no spending limits.
Answers
Answer:
C. A cash card is not tied to a bank account.
Explanation:
The difference between the debit cash and a card is that a cash card is not tied to a bank account.
What is a cash card?A cash card is a term for the payment that stores the cash, gift, and prepaid debts. The credit card is not consider to be a cash card and the is a conviennet way of the shareholders to make electronic payments.
The square cash card offers an app for making cash card payments. It allows the users to make transactions through the user's account and is unique to Sutton bank.
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