A static budget a planning budget is prepared before the period begins and is valid for only the planned level of activity. The answer is OPTION D.
A static budget is a type of planning budget that is prepared in advance of a specific period, such as a fiscal year or a quarter. It is based on the expected level of activity or production for that period and sets spending targets for various cost categories. However, a static budget is only valid for the planned level of activity and does not adjust for changes in actual activity levels.
To assess how well costs were controlled during the period, the static budget should be compared to the actual costs incurred. This comparison helps identify any variations or differences between planned and actual performance, which can provide valuable insights for future budgeting and cost management decisions.
In contrast, a flexible budget is a more dynamic tool that adjusts for changes in activity levels. It allows managers to see how costs should have behaved based on the actual level of activity achieved, providing a more accurate evaluation of cost control performance.
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Answer:
Explanation: A planning budget is prepared before the period begins and is valid for only the planned level of activity.
Answer:
The correct answer is letter "A": the five forces framework.
Explanation:
Porter's Five (5) Forces is an analysis scheme created by American economist Michael E. Porter (born in 1947). The ultimate goal of this analysis is to help managers set their expectations of profitability because as competition increases, profitability decreases. Three of the five forces relate to those involved in the industry. The other two apply to the suppliers, the vertical participants, and consumers.
Answer: They would want to change the corporate charter to allow cumulative voting instead of noncumulative voting.
Answer:
NONE
Explanation:
The treasury stock sales increase additional paid-in capital treasury stock. It do not generate net income the stokc are part of equity transactions. They cannot generate a gain, the differnece in value betwene cost and reissuance of the shares will be adjusted against additional paid-in capital Treasu Stock as state before.
b. Segmentation
c. Orientation
d. Centralization
Answer:
The correct answer is letter "C": Orientation.
Explanation:
The primary organization-specific factors are orientation, size of the organization, and degree of centralization. Orientation refers to the function of a company that controls the decisions in regards to purchases. The size of the organization implies decision making will be more centralized in larger firms while more decentralized in smaller firms. Finally, the degree of centralization states that even in highly autonomous corporations, some purchases might be subject to the approval of a manager who confirms the need for the assets being acquired.
Because in Anchor Inc. the purchase decisions are made by engineers the orientation organization-specific factor is more relevant in that company.
Answer:
The correct answer is letter "B": integration.
Explanation:
Advertising integration refers to bundling all mediums of communication possible business can use to promote its goods or services. This strategy reinforces the firm market position by repeating its advertising message constantly creating consistency and reducing the stress of having to create a different marketing approach for each advertising channel.
Answer: Gain of $600,000
Explanation: As we know that :-
Gain / loss = Sales value - Cost of building
Now, we can compute cost of building on date of sale as follows :-
cost = purchase date cost - accumulated depreciation
= $850,000 - $ 200,000
= $650,000
putting the values into initial equation we get :-
Gain = $1,250,000 - $650,000
= $600,000