It offers a promise of fruitful outcomes. Budgetary control involves making a plan and comparing the results to what was anticipated.
It helps management to control operations, provide feedback, and determine differences between actual and planned results. However, it does not provide a guarantee for favorable results. Budgetary control is a tool to assist management in achieving favorable results, but it cannot guarantee them. The actual results may be influenced by various internal and external factors, and budgetary control is just one aspect of overall management control.
Budgetary control is a process of comparing actual financial results with planned or budgeted figures to evaluate performance and take corrective actions if needed. It assists in determining differences between actual and planned results, provides feedback to management on the progress of operations, and helps management in controlling operations.
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1. "The price of T-shirts keeps rising and rising and people keep buying more and more. T-shirts must have an upward sloping demand curve." Is the statement correct? Why or why not? Explain.
2. Suppose the economy can produce computers and candy only. Write 5 attainable combinations of the two goods that represent increasing opportunity costs. Be sure to show the math for each point. Draw the PPF for the points provided.
3. True or False. If the price of candy increases then the supply for candy increases. Explain your answer.
The statement is inaccurate. The hike in T-shirt prices could be attributed to higher demand or a reduction in supply.
How to explainSuppose a catastrophic event damages a key T-shirt manufacturing facility, resulting in a reduction in the supply of T-shirts and consequently leading to a surge in their prices. The T-shirt demand curve would exhibit a downward slope instead of an upward slope in this scenario.
Here are 5 attainable combinations of computers and candy that represent increasing opportunity costs:
Computers | Candy
------- | --------
100 | 0
90 | 10
80 | 20
70 | 30
60 | 40
The production of more computers leads to a reduction in the quantity of candy that can be manufactured, as evidenced by the given data. The reason behind this is that the materials utilized to manufacture computers are capable of being utilized for the creation of candies as well. By increasing computer production, we are sacrificing the chance to manufacture additional candy.
The PPF for these points would be a downward sloping line.
True. If candy becomes more expensive, the availability of candy will grow. The reason for this is that when the price of candy is inflated, producers are more motivated to make it. The production of candy will result in increased profits for them, particularly during times of high prices.
As the price of candy rises, so does the quantity supplied, indicating an upward-sloping supply curve.
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Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?
A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate
andy hastings borrowed 500 shares of stock from a broker. this stock is currently selling for $25 a share ($12500). the commission was $125 . three weeks later the price of the stock was $22.50 a share so he bought the 500 shares. the commission was $115. he returned a stock certificate for 500 shares to the broker. what is the rate of return?
The the rate of return is 8.9%.
Rate of return on the shares = total cost of borrowing - total cost of buying) / total cost of buying
Total cost of borrowing = cost of shares - commission
$12500 - $125 = $12,375
Total cost of buying = total cost of shares - commission
total cost of shares = $115 x 500 = $11,250
$11,250 + $115 = $11,365
Rate of return = ($12,375 - $11,365) / $11,365 = 0.089 = 8.9%
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which city in china was chosen by the communist party as the pilot project for capitalism?
The city in China that was chosen by the Communist Party as the pilot project for capitalism was Shenzhen.
It was designated as a Special Economic Zone (SEZ) in 1980, and this move represented a major shift in China's economic policy. The goal was to experiment with a capitalist-style economy in a small, controlled area while maintaining the overall socialist framework of the country. The experiment was a huge success, and Shenzhen quickly became one of the most prosperous cities in China, attracting investment and businesses from all over the world. Today, it is a bustling metropolis with a population of over 12 million and a thriving economy that is home to some of the world's largest tech companies. Shenzhen's success as an SEZ has been so influential that it has been replicated in other parts of China, helping to drive the country's remarkable economic growth over the past few decades.
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What is the rule of positive self talk
Answer:
be positive i guess. like always see the good side in things.
Explanation:
Answer:
The rule of positive self talk is simple. Don't say anything to yourself that you wouldn't say to anyone else. Be gentle and encouraging with yourself. If a negative thought enters your mind, evaluate it rationally and respond with affirmations of what is good about you.
Explanation:
100 in edge2020
Samantha has the following assets and liabilities. What is her net worth?
O $2,820
O $28,200
$6,020
O $8,220
Assets
car - $4,200
savings account - $200
cash - $20
Liabilities
car loan - $1,500
credit card $100
Grayson really wants to get an a on his upcoming math test but he hates studying. He decides to set a goal for himself to study for 20 minutes every night this week and preparation for the quiz Friday.What kind of goal Grayson set for himself?
Answer: short term goal
Explanation:
A short-term goal is a goal that an economic agent such as an individual or a fitm wants to achieve or accomplish soon. Short term goals are goal that one wants to achieve maybe today, in a week, in a month or even probably a year.
Since Grayson really wants to get an a on his upcoming math which is coming soon, the goal that he sets to study for twenty minutes every night is referred to as a short term goal.
Phil and Jake are 16 and 14 years old respectively, $9150 isshared between them in the ratio of their age , how much does Phil get?
age ratio => Phil : Jake
16 : 14
( 16+14 = 30 ) units = $9150
1 unit = $9150 ÷ 30
16 units = ( 9150 ÷ 30 ) × 16
= $ 4880
Therefore, Phil gets $4880
Is it necessary to allocate resources?
Answer:
It depends on the context.
Explanation:
In the example of a government allocating resources to the country then yes. They would set budgets/allocate certain amount of resources to ensure there is enough resources for each department.
This is similar to how we manage finances on a daily or monthly basis (?) e.g. our parents give us pocket money every day so we have a limited funding and do not overspend
We then decide what we want to spend our money (allocating resources) on so we can get what we want to buy or what we want to save
what is local technology
what is a housefly plssss help
Answer:
a common small fly occurring worldwide in and around human habitation. Its eggs are laid in decaying material, and the fly can be a health hazard due to its contamination of food.
Which of these careers include supervising others?
welder
welder
project manager
project manager
foreman
foreman
forklift operator
The careers that needed supervision of others are welder and foreman. Thus option (a) and (b) are correct.
Who is a welder?A welder is a skilled tradesperson who specializes in joining pieces of metal or thermoplastics together using various welding techniques.
Welders must have a good understanding of welding techniques and materials, as well as safety practices and regulations. They use a variety of tools and equipment such as welding machines, cutting tools.
The welder and foreman are the professions that need supervision of others. Therefore, option (a) and (b) are correct.
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One helpful feature of most web 2.0 organization software is that ________. a. it requires one particular internet browser b. it is usually downloaded to a computer hard drive c. it has a complex user interface d. it can usually be synced to a handheld device
Answer:
The answer is d. it can usually be synced to a handheld device
Explanation:
One helpful feature of most web 2.0 organization software is that it can usually be synced to a handheld device.
Are you going to get Paramount plus?
Yes, every CBS All Access subscriber will be automatically transitioned to Paramount+. An automatic update should upgrade the CBS All Access app to the new Paramount+ app early Thursday, but if that hasn’t happened, you can run a manual update on your device.
The SLA must be managed because it serves as both the blueprint and warranty for the outsourced arrangement. True False
The given statement is true.
The Service Level Agreement (SLA) is a document that outlines the services to be provided by the service provider.
It serves as a blueprint for the outsourced arrangement because it defines what services are to be provided, how they will be provided, and the expected level of quality.
The SLA also serves as a warranty because it guarantees that the services provided will meet the agreed-upon standards.
Therefore, the SLA must be managed to ensure that both parties are meeting their obligations and that the services provided are of the expected quality.
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Which of the following are valid reasons to deny someone a job?
-The company is not hiring for new positions.
-This job requires someone with a high school diploma.
-The job requires someone be able to speak French.
Answer:
The first one and last one.
Explanation:
If this could be 2 answers I think it would be both of these. That is because if the company is not hiring, they most likely won't even look at your resume. Also another one is if you don't speak French, than that job is not for you.
Answer:
you left out an answer.
its a,c,d
Explanation:
8. During the performance planning component, de supervi discuss and agree upon A. The employee's salary B. Results, behaviors, and a development plan C. Performance, corrections, and a timeline D. The supervisor's expectations 9. Job descriptions are a key prerequisite for any performance management system bec A. Without them, employees will not "buy in to the system. B. Performance management systems are not applicable unless certain job elements are present. C. They provide the criteria that will be used in measuring performance. D. They provide information to employees as to what tasks are most important in their jobs. 10. Rating of frequency and criticality of tasks and KSAS is susceptible to: A. Self-serving bias B. Social projection bias C. False consensus bias D. All of the Above 11. The main goal of the strategic planning process is to: A. Write the mission statement to provide direction to the organization B. Allocate resources to provide the organization with a competitive advantage C. Form the foundation for the performance management process D. None of the above 12. Which of the following external factors should be considered in any external environmental analysis? A. Organizational culture B. Organizational politics C. Competitors D. Organizational structure 13. Which of the following internal factors should be considered in an internal envir analysis? A. Organizational culture B. Competitors C. Organizational structure D. A and C
The correct answers are: B. Results, behaviors, and a development plan
During the performance planning component, supervisors discuss and agree upon the expected results, desired behaviors, and a development plan for the employee.
In an internal environmental analysis, organizational culture and organizational structure are two important internal factors that should be considered. Organizational culture influences how work is performed and how employees interact, while organizational structure determines how tasks and responsibilities are divided and coordinated within the organization.The correct answers are: B. Results, behaviors, and a development plan During the performance planning component, supervisors discuss and agree upon the expected results, desired behaviors, and a development plan for the employee.
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Which of the following is NOT Considered personal information?
O a) Social Security number
Ob) Date of Bith
Oc) Place of employment
O d) Credit card number
Answer: NOne of the above. Or C Place of employement
Explanation:
The personal information that does not consider is the place of employment.
The following things should be considered for personal information:
The number of social security.The date of birth.The credit card number.Personal information refers to the information that does not share with anyone as it is safe and secure data that should be kept with the person only.
Therefore we can conclude that the personal information that does not consider is the place of employment.
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A business makes products that involve many different departments in their
production. What type of cost accounting system is best for this purpose?
A. Process costing
B. Activity-based costing
C. Job order costing
D. Product costing
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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In traditional economies, government controls all manufacturing.
Answer:
true
Explanation:
During the aep, on october 30, marissa enrolls in the devoted health hmo medicare advantage plan for an effective date of 1/1/2023. On november 15, marissa meets with janice of abc insurance agency and enrolls in a stand-alone prescription drug plan (pdp) also for an effective date of 1/1/2023. If marissa does not make any further changes to her medicare enrollment choices, on january 1, 2023 she will be on…
In 2018, Devoted Health launched a next-generation Medicare Advantage plan with the intention of enhancing the accessibility, compassion, and care of healthcare.
Simply enrol in the Medicare Advantage Plan of your choice during one of the enrollment periods if you want to change to a new one. When the coverage under your new plan starts, your previous plan will be immediately disenrolled.
Along with its insurance business, Devoted also intends to make money by running its own medical group in order to get there. One slide stated, "By providing clinical services, Devoted decreases the overall cost of care for Devoted's Medicare Advantage plan and also earns income and margin for Devoted's Medical Group.
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We have observed the following annual return data on large company stocks (S&P500 index) for the past five years: Year Annual Return
2017 21.83% 2018 -4-38% 2019 31.49%
2020 18.40% 2021 28.71% Calculate the average return and standard deviation of stock returns for the 2017-2021 sample period.
The average return as 19.61% and the standard deviation of stock returns for the 2017-2021 sample period.
To calculate the average return and standard deviation of stock returns for the 2017-2021 sample period, we can use the following steps:
Step 1: Calculate the average return:
Average Return = (Return1 + Return2 + Return3 + Return4 + Return5) / Number of Years
Given:
Return1 = 21.83%
Return2 = -4.38%
Return3 = 31.49%
Return4 = 18.40%
Return5 = 28.71%
Number of Years = 5
Average Return = (21.83% - 4.38% + 31.49% + 18.40% + 28.71%) / 5
Average Return = 19.61%
The average return for the 2017-2021 sample period is 19.61%.
Step 2: Calculate the standard deviation of returns:
To calculate the standard deviation, we need to find the deviation of each return from the average return, square the deviations, find the average of squared deviations, and take the square root of the average.
Deviation1 = Return1 - Average Return
Deviation2 = Return2 - Average Return
Deviation3 = Return3 - Average Return
Deviation4 = Return4 - Average Return
Deviation5 = Return5 - Average Return
Squared Deviation1 = Deviation²
Squared Deviation2 = Deviation2²
Squared Deviation3 = Deviation3²
Squared Deviation4 = Deviation4²
Squared Deviation5 = Deviation5²
Average of Squared Deviations = (Squared Deviation1 + Squared Deviation2 + Squared Deviation3 + Squared Deviation4 + Squared Deviation5) / Number of Years
Standard Deviation = √(Average of Squared Deviations)
Calculating the squared deviations and average of squared deviations:
Squared Deviation1 = (21.83% - 19.61%)²
Squared Deviation2 = (-4.38% - 19.61%)²
Squared Deviation3 = (31.49% - 19.61%)²
Squared Deviation4 = (18.40% - 19.61%)²
Squared Deviation5 = (28.71% - 19.61%)²
Average of Squared Deviations = (Squared Deviation1 + Squared Deviation2 + Squared Deviation3 + Squared Deviation4 + Squared Deviation5) / 5
the average return as 19.61% and the standard deviation of stock returns for the 2017-2021 sample period.
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Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his share of partnership liabilities. Jay's share of the partnership's unrealized receivables is $6,000. The partnership has no substantially appreciated inventory items. Jay sold his partnership interest for $28,000 cash plus $15,000 of his liability relief. What is the amount and character of his gain
Answer:
Ordinary income of $6,000; Capital gain of $18,000
Explanation:
Calculation to determine the amount and character of his gain
First step is to calculate the The total gain on the sale of his partnership
Using this formula
Total gain on the sale of his partnership = ( Cash + Relief of his share of liabilities -Basis )
Let plug in the formula
Total gain on the sale of his partnership=$28,000+$15,000+$19,000
Total gain on the sale of his partnership=$24,000
Now let determine the amount and character of his gain
The UNREALIZED RECEIVABLES amount of $6,000 will be the ORDINARY INCOME while the remaining amount of $18,000 Calculated as ($24,000-$6,000) will be the CAPITAL GAIN.
Therefore the amount and character of his gain will be: Ordinary income of $6,000; Capital gain of $18,000
The replacement cost method is a method used by analysts that compares ratios of privately held companies to other publicly traded companies in order to value the firm. (T/F)
False. The replacement cost method is actually a valuation method that determines the cost to replace an asset with a new one of similar kind and quality. It is often used in insurance and accounting.
The method has nothing to do with comparing ratios of privately held companies to publicly traded companies. The Replacement Cost Method is actually a valuation technique that estimates the cost to replace an asset with a new, identical asset. It does not involve comparing ratios between privately held and publicly traded companies.
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Which one of the following was the most influential financial derivative in causing the Crisis of September 2008? Select one: O a. capital gains O b. credit default swaps c. foreclosures O O d. subprime mortgages
The most influential financial derivative in causing the Crisis of September 2008 was Credit default swaps.Credit default swaps (CDS) were the most influential financial derivative in causing the Crisis of September 2008. Credit default swaps were created to allow banks to transfer the risk of a loan default to other banks, insurance companies, and investment firms. During the housing bubble of the early 2000s, banks were issuing mortgages to people who couldn't afford them, and then bundling these subprime mortgages into securities that were sold to investors.
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Netflix maintains its competitive edge by making its own original content, which is delivered through the same digital platform. Which strategy best describes Netflix's competitiveness and which attribute do customers use to evaluate it? Cost leadership strategy and search attribute Differentiation strategy and search attribute Response strategy and experience attribute Response strategy and credence attribute Differentiation strategy and experience attribute
The best strategy that describes Netflix's competitiveness is differentiation strategy and the attribute customers use to evaluate it is experience attribute. To maintain its competitive edge, Netflix employs a differentiation strategy that is aimed at setting it apart from its competitors.
By providing unique and original content to its users, Netflix sets itself apart from other platforms that may not have such content on offer.The strategy involves the company making its original content, which is delivered through the same digital platform, providing a unique experience to customers.
The experience attribute is what customers use to evaluate it. Experience attribute refers to the subjective aspects of the interaction that the customers have with the service provider.
In Netflix's case, the experience attribute is the original and unique content they provide to their users. Customers can evaluate this attribute by assessing the quality and uniqueness of the content that Netflix provides.
Therefore, differentiation strategy and experience attribute is the best combination to describe Netflix's competitiveness and how customers evaluate it.
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How do you see the principle of subsidiaries working in the relationships between private interests and the state?
The principle of subsidiaries in relationships between private interests and the state facilitates decentralization, collaboration, and efficient resource allocation while ensuring accountability and balancing public interests.
The principle of subsidiaries refers to the concept of delegating certain powers and functions from a central authority (such as the state) to subsidiary entities (such as private interests or local governments). In the relationships between private interests and the state, the principle of subsidiaries can play a significant role in several ways:
1. Decentralization of Power: Subsidiaries allow for the decentralization of power and decision-making authority. This can help ensure that decisions are made closer to the affected individuals or communities, enabling greater responsiveness and adaptability to local needs and circumstances.
2. Efficient Resource Allocation: Subsidiaries can facilitate efficient resource allocation by allowing private interests to take responsibility for specific tasks or sectors. This delegation of functions allows the state to focus on its core responsibilities while leveraging the expertise and resources of private entities to deliver services or promote economic development.
3. Collaboration and Partnership: Subsidiaries can foster collaboration and partnership between private interests and the state. By involving private entities, the state can leverage their knowledge, innovation, and efficiency to achieve common goals. This collaboration can lead to mutually beneficial outcomes, such as infrastructure development, public-private partnerships, or social programs.
4. Accountability and Oversight: While private interests assume certain responsibilities, the state retains a supervisory role to ensure compliance with regulations, standards, and public interest. Through regulatory frameworks and oversight mechanisms, the state can mitigate risks, safeguard public welfare, and hold private entities accountable for their actions.
5. Balancing Interests: The principle of subsidiaries allows for a balance between private interests and public policy objectives. The state sets the regulatory framework and overall direction, ensuring that private entities operate within legal and ethical boundaries while pursuing their objectives. This balance helps safeguard public interests while promoting economic growth and innovation.
It is essential for the state to strike the right balance in implementing the principle of subsidiaries, considering factors such as transparency, accountability, fairness, and the protection of public interest. Effective governance structures and robust regulatory frameworks are crucial to ensure that the relationships between private interests and the state are mutually beneficial and aligned with broader societal goals.
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what is 349/36 + 34x6
Answer:
349/36= 9.694
34x6= 204
9.694 + 204= 203.694
A person-to-person payment app could be used in each of the following scenarios EXCEPT:__________.
i. Tina pays her neighbor $200 for breaking his window with a softball.
ii. Mia pays Randy the delivery driver from Cheesy Pizza Co. for a pizza she orders for her Spanish study group.
iii. Ahmed's soccer coach pays the team's registration fee for a big tournament, and each player then owes him $35 for their share of the registration fee.
iv. Rafael writes the whole monthly rent check to the landlord, and his roommates Valerie and Carlos pay Rafael for their share of the monthly rent.
A person-to-person payment app could be used in each of the following scenarios EXCEPT:
i. Tina pays her neighbor $200 for breaking his window with a softball.
ii. Mia pays Randy the delivery driver from Cheesy Pizza Co. for a pizza she orders for her Spanish study group.
iii. Ahmed's soccer coach pays the team's registration fee for a big tournament, and each player then owes him $35 for their share of the registration fee.
iv. Rafael writes the whole monthly rent check to the landlord, and his roommates Valerie and Carlos pay Rafael for their share of the monthly rent. The correct answer is (i) Tina pays her neighbor $200 for breaking his window with a softball.
In this scenario, a person-to-person payment app may not be the most suitable option. This situation involves compensation for property damage, which typically falls under insurance claims, personal agreements, or legal settlements. A person-to-person payment app is more commonly used for everyday transactions, splitting bills, paying friends, or making purchases.
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