QUESTION 3 of 10: Generally, budgets are created for:

a) One week
b) One month
O c) One year

Answers

Answer 1

Answer:

b) One month

Explanation:

Answer 2

Budgets are typically formulated for a one-year duration. Therefore, option c is correct.

Budgets refer to financial plans that outline the anticipated income and expenses of an individual, organization, or government entity for a specific period, usually one year.

They serve as a blueprint for allocating financial resources, setting spending limits, and achieving financial goals. Budgets provide a structured framework for managing funds, enabling effective decision-making, and ensuring financial stability.

They encompass various components, including revenue projections, cost estimates, planned expenditures, and anticipated savings. Budgets are essential tools for tracking and controlling financial activities, promoting accountability, evaluating performance, and facilitating strategic planning.

They serve as a vital tool for financial management, helping individuals and organizations make informed and efficient financial decisions.

Therefore, option c is correct.

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Related Questions

which country uses a franc as its basic monetary unit?

Answers

Answer:

Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.

true or false? checks are documented individually on a deposit slip.

Answers

Answer:

i believe that it is true

Explanation:

the catalyst for the market revolution was a series of innovations in

Answers

The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.

The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.

The revolution brought about an explosive economic growth and new personal wealth in the country.

The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.

Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.

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What are payroll taxes levied on?
A.
a business's profits
B.
an individual's dividend income
C.
the wages or salaries of a company's employees
D.
the goods and services purchased by people
E.
a piece of land

Answers

Answer:

D

Explanation:

cus im like that

Payroll taxes are levied on the wages or salaries of a company's employees. Hence, Option (C) is correct.

Payroll taxes are typically withheld from an employee's paycheck by the employer and are used to fund various government programs and social benefits.

Payroll taxes serve as a means for governments to generate revenue that goes towards funding programs such as Social Security, Medicare, unemployment insurance, and other social welfare initiatives.

The specific rates and regulations surrounding payroll taxes can vary by country and jurisdiction.

The taxes are typically calculated as a percentage of an employee's income and are withheld directly from their paycheck, with the employer responsible for remitting the taxes to the appropriate government agency.

Thus, payroll taxes provide the necessary funding for government programs and social benefits.

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Betty's employees' performance is the lowest of the company. Most of Betty's employees have
been with the company less than 2 years. Those that have been with the company for more
than 2 years are visibly unhappy at the company. These results are drastically different than
most of the other teams in the company.

Do you think Betty is a good manager? List facts that support your decision

Answers

Answer: Define job performance, organizational citizenship, absenteeism, and turnover.

Explain factors associated with each type of work behavior.

One of the important objectives of the field of organizational behavior is to understand why people behave the way they do. Which behaviors are we referring to here? We will focus on four key work behaviors: job performance, organizational citizenship behaviors, absenteeism, and turnover. Note that the first two behaviors are desirable ones, whereas the other two are often regarded as undesirable. While these four are not the only behaviors organizational behavior is concerned about, if you understand what we mean by these behaviors and the major influences over each type of behavior, you will gain more clarity about analyzing the behaviors of others in the workplace.

Explanation:

Ida has always wanted to be a teacher and give back to her community. However, she has recently come to realize that she will never be able to afford a fancy lifestyle if she chooses to be an educator. Ida is now confused about which career path to choose. Which values conflict is Ida MOST likely facing?

A.
leadership vs. acceptance

B.
security vs. risk

C.
wealth vs. service

D.
challenge vs. control

Answers

Answer:

C. Wealth vs. Service

Explanation:

Ida is choosing between wealth and service because she needs to choose between living a non-fancy lifestyle or educating the future generations (service).

can i return something to walmart without a receipt?

Answers

Answer:

Walmart's return policy

Normally, items purchased in our stores or on Walmart.com may be returned or exchanged within ninety (90) days of purchase with or without a receipt.

Explanation:

aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:

Answers

Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.

A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.

Examples of strategic goals include:

Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.

Other types of goals are:

Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.

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economics is the study of how limited resources are used to satisfy human wants. economists look at the causes and effects of the choices people make. list 3 decisions that you have made in the last 24 hours.

Answers

Answer:

whether I should buy 1killo of orange or 2killo banana

A fundamental law of nature states that the quantities of labor, capital, land, and entrepreneurial resources that can be employed to produce products and services are finite. It implies that there are a finite number of resources available to the economy at any given time to produce products and services.

What three problems must an economic system solve?

It's possible to question and remove unsourced material. The three basic economic questions that must be addressed and resolved by economic systems as a sort of social system are: "How much and which alternative commodities and services shall be created?" and "What kinds and amounts of goods shall be produced." How should products be made?

Limitations on resources and insatiable human desire are the root causes of all economic issues. It develops as a result of a lack of resources that can be used in other ways. Each community must make choices about how to use its limited resources. In general, resource allocation is the main issue in an economy.

Thus, The amount of labor, money, land and entrepreneurial resources that can be used to create goods and services is limited, according to a fundamental rule of nature.

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does anyone how how i can get a hold of my own FAFSA records if im under 18?

Answers

Answer:

Log onto the FASFA app, and if you know the info of the person you're looking for or just call Department of Education 1800 621 3115

the u.s market is large but many other countries have what advantage over the us​

Answers

Explanation:

faster growth?? uhm is this a answer chose.

what are the four factors underlying the free enterprise system?

Answers

Answer:

profit,risk,competition and productivity

Which statements best explains how globalization offers an advantage to businesses

Answers

Answer:

Hello here's the answer!

Explanation:

A

C

D

E

your welcome! Brainliest if you liked the answer!

select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster.

Answers

Companies raise prices to unjust levels when they engage in price gouging. There is no set definition of what constitutes price gouging, but it happens frequently.

The statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster are:

1. When prices rise after a disaster, consumers are encouraged to produce less of the good and leave some for others to purchase; price gauging laws short-circuit this effect.

2. When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price gauging laws short-circuit this effect.

3. Price gauging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse.

Price gouging frequently happens when there is a rapid increase in demand for a specific good, service, or commodity, such as in the case of catastrophes and natural disasters.

The desire for luxuries and non-essential goods decreases in times like these, which causes many firms to lose the sales they typically rely on. In an effort to counteract this loss and stay in business, shops may hike the prices of necessities.

On the other hand, if demand for necessary goods or services surges abruptly, the supply may become severely constrained and prices may rise even further.

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Your question seems to be incomplete, but most probably the complete question was:

Select all of the statements that discuss one of the problems with price gouging laws that prevent prices from rising to the new market equilibrium after a disaster. True Statement about Price Gouging Drag appropriate answer(s) here ✓

Price gouging laws keep prices low after a disaster. This forces consumers to buy less of the good than they otherwise would.

When prices rise after a disaster, consumers are encouraged to consume less of the good and leave some for others to purchase; price-gouging laws short-circuit this effect.

When prices rise after a disaster, producers are encouraged to produce more of the good and bring it to the disaster area; price-gouging laws short-circuit this effect.

Price gouging laws reduce shortages after a disaster by keeping prices low. Price gouging laws do nothing to address the underlying issues that cause shortages after a disaster. In fact, they often make the problem worse,

Price gouging laws keep prices low after a disaster. This forces producers to produce more of the needed goods.

why should the income statement be prepared first?

Answers

Answer:

cash of Aryas 500 withdrawn from the bank for office use find out debit and credit

what is the opportunity cost of investing in capital?

Answers

Answer:

The opportunity cost of investing in capital is the loss of consumption that results from redirecting resources toward investment. Overinvestment in capital is possible because of diminishing marginal returns: As the stock of capital rises, the extra output produced from an additional unit of capital falls.

please give brainliest

the pitfalls of a differentiation strategy include

Answers

The pitfalls of a differentiation strategy include many methods such as "attempting to differentiate using easily copied features."

Other methods that could be a pitfall for differentiation strategy includes the following:

When firms differentiate based on the features, they believe buyers do not value.

When firms differentiate based on price, for example, firms charge higher prices to create a premium image.

Differentiation strategy in business is a method businesses or firms use to create distinct products for consumers, and it is expected to give the firms a competitive advantage over rivals.

Hence, in this case, it is concluded that there are various pitfalls in differentiation strategy firms should be aware of.

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a marketing plan is an important tool for communicating details of the marketing functions. what else is the marketing plan used for?

Answers

Answer:

to attract customers or other buissness man that might want to invest

A marketing plan is used in order to attract customers or other businessman that might want to invest.

What is a Marketing plan?

A marketing plan may be included as part of a larger company plan. A solid marketing strategy is the cornerstone of a well-written marketing plan that will allow goals to be met. While a marketing strategy provides a list of tasks, it is useless to a firm without a solid strategic basis.

A marketing plan is an advertisement strategy that a company will use to sell its product or service. The marketing strategy will assist in determining who the target market is, the best way to contact them, the price point at which the product or service should be marketed, and how the firm will assess its efforts.

Therefore, it can be concluded that a marketing plan is designed to attract clients or other businessmen who may be interested in making investments.

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ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions

Answers

Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.

There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.

A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.

Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.

Explanation:

if the order quantity doubles but the flow rate remains constant, what happens to the sum of ordering and holding costs?

Answers

decreases by 50% I hope this helps

the difference between personal assets and personal liabilities

Answers

Answer:

Assets include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate. Liabilities include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.

Explanation:

Answer:

Assets: include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate.

Liabilities: include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.

Difference between Assets & Liabilities:

Assets are what a business owns and liabilities are what a business owes. Both are listed on a company's balance sheet, a financial statement that shows a company's financial health. Assets minus liabilities equals equity, or an owner's net worth.

if a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the

Answers

Answer: manufacturer
I hope this helps

If a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the manufacturer.

What is the manufacturer?

A manufacturer is a person or business that turns raw materials into finished products using a variety of tools, machinery, and procedures, and then sells those products to consumers, wholesalers, distributors, retailers, or other manufacturers who can use them to make more complicated products.

The economy is enunciated be significantly influenced by manufacturers. Manufacturing has a long history dating back to antiquity. The usual manufacturer, however, was a single skilled artisan with helpers for many centuries. Each craftsperson guarded the methods of production and only taught apprentices. Only manual processes might be used for production.

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which region gained the most from the exchanges of ideas and technologies facilitated by the mongol empire?

Answers

Answer:

europe

Explanation:

what country consumes the most chocolate per capita?

Answers

Answer:

Switzerland

Explanation:

amounting to an impressive 8.8 kilograms.

Answer:

Switzerland

Explanation:

A DJ wants to analyze market reactions to the new music selections played at his dance last weekend. He advertises his weekly dances using social media and email.
Which would be the most effective way to gather reactions from those who attended the dance?

Focus Groups


Surveys


Personal Interviews


Observation

Answers

Answer: Surveys

Explanation:

The most effective way to gather reactions from those who attended the dance is Surveys. Option B is correct.

What are Surveys?

In order to gather information about a service, product, or process, a surveys are described as the act of looking at a process or questioning a predetermined sample of people. Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Surveys are used to collect data or learn more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives.

Thus to analyze market reactions to the new music selections played at DJ dance last weekend surveys are most optimal option here.

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a logical starting point from which the study of international trade begins is

Answers

The principle of comparative advantage

How do managers use information obtained in the income statement

Answers

Answer: The purpose of the income statement is to show managers and investors whether the company made or lost money during the period being reported It then calculates operating expenses and, when deducted from the gross profit, yields income from operations.

Explanation:

a $50,000 loan is to be amortized over 7 years, with annual end-of-year payments. which of these statements is correct?

Answers

Proportion of each payment that represents interest as opposed to repayment of principal would be lower if the interest rate were lower.

Amortization is the process of gradually paying-off of debt through scheduled installments that include the component of principal and interest.

The amortization tables helps to keep track of amount owed and when payment is due.

The table also shows how much to be paid at required intervals (i.e. monthly, bi-monthly, quarterly etc)

As the repayment and period of payment increase, the outstanding debt keeps decreasing as well.

The rate of interest determines the amount of repayment to be made at each interval

Therefore, if the interest rate were lower, then, the repayment of principal would be lower as well.

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what type of company purchases raw materials and makes goods to sell?

Answers

Answer: Manufacturers

Alicia is a local personal trainer and owns a fitness studio. She has invested significant time, money, and effort into building her studio’s reputation—as well as her own—in the community. Alicia starts hearing rumors of an owner of a larger fitness center posting derogatory comments about her online. Which tort law is the fitness center owner violating? Describe the law and give two examples of comments that could have been posted.

Answers

The tort that the owner of the fitness center is committing is known as Defamation in law.

Basically, tort refers to an action made by someone which gives rise to injury or harm to another person and such actions can be sued in court of law.

Defamation is part of tort in law and refer to the statement made by someone which harms another's party's reputation.

When the owner of the larger fitness center is posting derogatory comments about Alicia, the person is committing an offence of Expressed defamation.

Expressed defamation is one that is written and can be easily proved while Oral defamation is one that is been spoken.

Therefore, Alicia can sue the fitness owner for damages because she suffered loss of reputation because of the derogatory statement made by him.

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