the difference between a budget and a standard is that:

Answers

Answer 1

Answer:

A budget is a total amount, while a standard expresses only a unit amount.

Explanation:


Related Questions

The third step in the project control process for measuring and evaluating project performance is to

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The third step in the project control process for measuring and evaluating project performance is to comparing the plan against actual performance.

In an organization, the management of project performance entails various process undergone from creation, implementation and management of projects which is seen as contributory to performance of the firm.

The step in the project control process for measuring and evaluating a firm's project performance includes:

Set a baseline plan. Measure progress and performance.Comparing the plan against actual performance.Take appropriate action.

Therefore, the third step in the project control process for measuring and evaluating project performance is to comparing the plan against actual performance.

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Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
An ongoing war causes government spending to nearly double in quantity.
O A tornado destroys factories and lowers supply levels throughout the economy.
Exports increase dramatically after a relative drop in price.
O Consumers become more comfortable with debt, increasing their spending as they take on more loans.

Answers

Considering the available options, the statements that will likely lead to cost-push inflation include "An increase in the price of oil has reduced supply of all goods and services that use oil as an input."

The other options that will likely lead to cost-push inflation are "Consumers become more comfortable with debt, increasing their spending as they take on more loans."

What is Cost-Push inflation?

Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.

This implies that the rise in wages allows the consumers to spend more money on limited supply.

Also, when the rise in the cost of materials reduced the supply of all goods and services.

Hence, in this case, it is concluded that the correct answer is options A and E.

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Correct Answers:

- An increase in the price of oil has reduced supply of all goods and services that use oil as an input.

- A tornado destroys factories and lowers supply levels throughout the economy.

Hope this helps!

Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses on factual information c. Common in small businesses d. Limited information on the interviewee's personality Please select the best answer from the choices provided A B C D.

Answers

Unstructured Interviews are common in small businesses. Option C is correct.

What is an Unstructured Interview?It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents. Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked. This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.

Since in small companies, the work areas of employees are wider than the big corporate.

Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.

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Answer:

it c

Explanation:

yw

When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?

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A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.

Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.

However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.

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Olivia asks several real estate agents to help her sell her house. A buyer is found. At the closing, no agent receives a commission. What type of listing agreement did Olivia make

Answers

Answer: Open Listing

Explanation: The seller sold the real estate herself therefore she did not have to pay a commission.

oriental Rug Company ships six handmade rugs valued at $5,000 each on consignment to Consign Design. oriental Rug Company pays $1,000 of shipping costs and agrees to accept the return of any rugs within six months of the shipping date. oriental Rug Company also agrees to pay Consign Design a commission of 10 percent for any rug sold. At the end of five months, Consign Design has sold four of the rugs for a total price of $38,000.

The total inventory and revenue value reported by Consign Design at the end of the five months is: _________

Answers

Answer is :

0, 3,800

Explanation:

In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is the payable to Oriental Rug Company and will be recorded as revenue on its books.

The total inventory and revenue value reported by Consign Design at the end of the five months is: 0, 3,800

What is Consignor or consigned relationship?In a Consignor/consigned relationship, the consignor maintains the inventory on the books. The consigned does not record the full revenue amount, but rather a commission based on the agreement with the consignor. In this case, even though two rugs have not sold, the two rugs that remain unsold are reported on the books of Oriental Rug Company (the consignor). The revenue recorded on Consign Design's books from the sale of the four rugs is based on the agreed-upon commission of 10 percent; therefore, $3,800 is the revenue recorded. The $34,200 (90 percent of the total sales) is payable to Oriental Rug Company and will be recorded as revenue on its books.

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What is working capital?

Answers

Answer:

Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.

NWC is a measure of a company’s liquidity and short-term financial health.

A company has negative NWC if its ratio of current assets to liabilities is less than one.

Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.

High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.

Explanation:

can you me as brainliest if its right? i just need a few more to rank up! ^-^

Also have a great day and good luck in your studies!

answer:

the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

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Answer:

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.

What is court?

A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.

A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court

Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.

Therefore, Thus option (A) is correct.

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One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:

Answers

Answer:

26.70 trillion

Explanation:

Answer:

30 percent

Explanation:

I know it sounds sketchy but i myself just took this test a few days ago

4. The three general categories of responsibilities of the financial manager are (1 point)
O cash-flow management, financial control, and financial planning.
O financial planning, accounting, and government tax reporting.
O government tax reporting, cash-flow management, and financial control.
O accounting, cash-flow management, and government tax reporting.

Answers

Answer:

A

Explanation:

A: Cash-flow management, financial control, and financial planning. Hopefully this helped

The three general categories of responsibilities of the financial manager are cash-flow management, financial control, and financial planning. Therefore option A is correct.

What is cash-flow management?

The act of tracking, evaluating, and maximizing the difference between cash receipts and cash outlays can be summed up as cash flow management for businesses. For any organization, net cash flow is a crucial indicator of financial health.

Poor cash flow management is one of the main causes of business failure. You have a cash flow issue if your business consistently spends more money than it brings in.

Developers frequently have cash flow issues in the extremely cyclical real estate development industry. Both the initial capital expenditure and continuous operational cash outflows for property development are sizable.

Therefore option A is correct.

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The value of the existing venture plus the proceeds from the potential new equity issue is known as: Group of answer choices pre-money valuation post money valuation staged financing the capitalization rate

Answers

It is pre-money valuation

which of rockwell’s paintings reached a record sale price?

Answers

"Saying grace" sold for, $46 million dollars.

Jermaine and Kesha are married, file a joint tax return, have AGI of $82,500, and have two children. Devona is beginning her freshman year at State University during fall 2021, and Arethia is beginning her senior year at Northeast University during fall 2021 after having completed her junior year during the spring of that year. Both Devona and Arethia are claimed as dependents on their parents' tax return. Devona's qualifying tuition expenses and fees total $4,000 for the fall semester and Arethia's qualifying tuition expenses and fees total $6,200 for each semester during 2021. Full payment is made for the tuition and related expenses for both children during each semester. The American Opportunity credit available to Jermaine and Kesha for 2021 is:

Answers

The American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.

First step is to calculate the American Opportunity credit for Devona

American Opportunity credit for Devona=(100% of first qualifying expenses+ 25% of next qualifying expenses)

American Opportunity credit for Devona=(100%×$2,000)+(25%×$2,000)

American Opportunity credit for Devona=$2,000+$500

American Opportunity credit for Devona=$2,500

Second step is to calculate the American Opportunity credit for Arethia's

American Opportunity credit for Arethia's =(100% of first qualifying expenses+ 25% of next qualifying expenses)

American Opportunity credit for Arethia's=(100%×$2,000)+(25%×$2,000)

American Opportunity credit for Arethia's=$2,000+$500

American Opportunity credit for Arethia's=$2,500

Third step is to calculate the Total American Opportunity credit

Total American Opportunity credit= American Opportunity credit for Devona +American Opportunity credit for Arethia's

Total American Opportunity credit=$2,500+$2,500

Total American Opportunity credit=$5,000

Based on the above calculation total American Opportunity credit will be $5,000 reason being that  both Jermaine and Kesha's Adjusted Gross Income of the amount of $82,500 is not higher than $160,000.

Inconclusion the American Opportunity credit available to Jermaine and Kesha for 2021 is:$5,000.

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what does it mean when the fed raises interest rates

Answers

What Happens When the Fed Raises Rates?

——> When the Fed raises the federal funds target rate, the goal is to increase the cost of credit throughout the economy.

Not Answered Question Workspace A family on a trip budgets $800 for meals and hotel accommodations. Suppose the price of a meal is $40. In addition, suppose the family could afford a total of eight nights in a hotel if they don't buy any meals. How many meals could the family afford if they gave up two nights in the hotel

Answers

Based on the amount budgeted and the costs of meals and the hotel, if the family gave up two nights, they could afford 4 meals.

The family can afford 8 nights at the hotel if they gave up meals. This means that the cost of a night at the hotel is:

= Total cost / Nights at hotel

= 800 / 8

= $100 per night

If the family gave up two nights, they would have $200 to spend on meals which means they will afford:

= 200 / 40 per meal

= 5 meals

In conclusion, the family would afford 5 meals.

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when john maynard keynes said, in the long run we are all dead, what serious economic point was he making?

Answers

Answer: that we need to focus on the present and the now because the outcome is always the same

Explanation:

On September 1, Sky Mountain Company borrowed $200,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjusting entries have been recorded, Sky Mountain's adjusting entry four months later at December 31 would include a:

Answers

Answer:

i dont get the question

Explanation:

Match the terms.

a. Initial Markup
b. Additional Markup
c. Markup cancellation
d. Markdown
e. Markdown cancellation

1. original amount of markup from cost to selling price
2. Increase in selling price subsequent to initial markup
3. Elimination of an additional markup.
4. Reduction in selling price below the original selling price
5. Elimination of a markdown

Answers

I could be completely wrong here but I believe just by breaking down the terms and some common sense... I THINK the answers match up. like a1, b2, c3, d4, e5. If I'm wrong I'm so sorry! But if i'm right I'd love a Brainliest...

Homelife, a national chain of high-end furniture stores, employs nearly 800 workers. In the past few years, the company's market share has dropped significantly, and employee turnover has increased. Upper management is considering the implementation of a new compensation policy in its efforts to turn the company around. Historically, the company has paid all employees similarly with some variation for seniority but no distinction between high and low performers. Which one of the following questions is LEAST relevant to Homelife's decision to develop an aligned reward strategy?

a. What compensation programs should Homelife use to reinforce necessary employee behaviours?
b. How well does Homelife's current compensation program match the company's strategic aims?
c. What were the results of the most recent Homelife customer review ratings?
d. What compensation programs should Homelife use to reinforce desired employee behaviours?

Answers

The option that's least relevant to develop the reward strategy is C. What were the results of the most recent Homelife customer review ratings?

A reward strategy simply means the designing and implementation of reward policies that are vital in supporting the objectives of an organization.

In this case, it's important to know the compensation programs that should be used to reinforce necessary employee behaviors and how well Homelife's current compensation program matches the company's strategic aims.

It should be noted that the results of the most recent Homelife customer review ratings don't matter in the reward strategy.

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Employees who work on commission typically work in
education

Answers

Answer:

Is this true or false? What are the options to answer

Explanation:

A sales commission is a sum of money paid to an employee upon completion of a task, usually selling a certain amount of goods or services. Employers sometimes use sales commissions as incentives to increase worker productivity. A commission may be paid in addition to a salary or instead of a salary. The Fair Labor Standards Act (FLSA) does not require the payment of commissions.

Given the following information of a trader calculate the total current assets?

Motor van $3000

Prepaid rates $ 500

Debtors. $3000

Stock. $. 700

Accrued wages. $. 75

Equipment. $500

A. $ 4200
B.$ 5000
C.$2400
D.$3700

Answers

Answer:

A.

Explanation:

CORRECT IF IM WRONG

SORRY FROM NO EXPLANATION

An investor purchased 50 shares of stock in a company in 2015. At the time the investor purchased the stock, the value of the stock was priced at $5 per share. The investor sold all 50 shares of stock in 2019. The value of the stock at the time of sale was $6.50 per share. What is the capital gain the investor earned on this investment?

$250

$325

$75

$50

Answers

Answer:

$75

Explanation:

$5 to $6.5 is a 1.3% increase and if the investor bought 50 shares of $5 he bought a total of $250 worth of stock. If you multiply the $250 by 1.3% it will be $325. But the question asks for the capital gain so you would subtract $325 and $250 which is $75.

If the value of the stock at the time of sale was $6.50 per share. The capital gain the investor earned on this investment is $75.

Capital gain

Using this formula

Capital gain=(Number of shares× increase in value of stock)

Let plug in the formula

Capital gain=[50x ($6.50 per shares- $5 per shares)]

Capital gain=50× $1.50 per shares

Capital gain=$75

Therefore the capital gain the investor earned on this investment is $75.

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buy now pay later catalogs for people with bad credit

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According to credit facilities providers, the buy now pays later catalogs for people with bad credit include Ashro, Boscovs, Country Door, Fingerhut, etc.

What is Buy now Pays later?

Buy now Pays later is another name for credit facilities. It is an agreement between borrowers and lenders to get goods or services now in exchange for a commitment to pay at an agreed later time.

There are various Buy now Pays later providers. Some of them include:

FlexshopperBradford ExchangeLeasevilleHSN, etc.

Hence, in this case, it is concluded that various Buy now Pays later providers are out there.

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intercropping vegetable farming is beneficial in many ways explain​

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[tex]Reasons \: for \: intercropping \\ include \:  saving \: space \: and \\ resources, \: ensuring \: better \: yields \\ in \: case \: of \: poor \\ returns \: of \: the \: main \\ culture, \: repelling \: pests, \: reducing \\ weeds, \: proving \: nutrients \: for\\ \: the \: neighboring \\ plants, \: among \: others.[/tex]

Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He suggests that she use an Excel worksheet to lay out the projects she is currently working on, and she complies. He is using ________ power.

Answers

The power that Jeff is using towards the new employee is known as Expert power.

The term "Expert power" is used in relation to employee's skill.

Expert power refers to a perception that an employee has a higher level of specific skill set that others do not have  in the organization.

Jeff does possess Expert power because he has great skill set.

Therefore, the power that Jeff is using towards the new employee is known as Expert power.

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Borrower Noah is getting a $200,000, fixed-rate, 30-year loan at 5% interest to purchase a condominium. The monthly payment of principal and interest is $1,073. Property taxes for this property are $3,900 per year. An annual homeowner's insurance policy is $864. The monthly condo association fee is $180. What is Noah's monthly PITI payment

Answers

Noah's monthly PITI payment is $1,470.

What is the PITI payment?

The PITI payment represents the periodic payment (monthly) that a borrower is required to make for principal repayment, interest payment, taxes, and insurance payments.

The PITI should not exceed 28% of a borrower's gross monthly income when the front-end and back-end ratios are computed for determining the borrower's eligbility for a loan.

Fixed-rate loan = $200,000

Loan period = 30 years

Interest rate = 5%

Monthly payment of principal and interest = $1,073

Property taxes per year = $3,900

Monthly property taxes = $325 ($3,900 ÷ 12)

Annual homeowner's insurance premium = $864

Monthly homeowner's insurance premium = $72 ($864 ÷ 12)

Monthly PITI (principal, interest, taxes, and insurance) = $1,470 ($1,073 + $325 + $72)

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Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period of time estimates the number of units to be manufactured to meet sales and inventory levels shows expected results at several activity levels begins by estimating the quantity of sales shows expected results at only one activity level 1. static budget 2. flexible budget 3. master budget 4. sales budget 5. production budget

Answers

1. Master budget: it is an integrated set of operating and financing budgets for a period of time.

2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.

3. Flexible budget: it shows expected results at several activity levels.

4. Sales budget: it begins by estimating the quantity of sales.

5. Static budget: it shows expected results at only one activity level.

A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.  

Basically, there are different types of budget and this include:

1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.

2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.

3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.

It is also referred to as variable budget and it's used both before and after a period's activities are completed.

4. Sales budget: it begins by estimating the quantity of sales.

Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.

5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.

A static budget is usually based on a predicted amount of sales or any other measure of activity.

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An employee at an auto repair garage proposes a new, efficient way to
safely dispose of used motor oil. This is an example of
O Creativity and Innovation.
O Teamwork.
O Work ethic.
O Critical thinking and problem solving.

Answers

problaby the last one D

HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date

Answers

Answer:

D

Explanation:

Answer: the balance

Explanation: because

what should you do when planning for college?

Answers

Answer:

a way to get a large amout of money (legally) to pay off the debt

more money for a place to live

and even more money to get food and other impoartant things to live

Explanation:

an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede

and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank

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May I please receive help? Use each spelling word to write a "chirp" that you want your friends to read. You may choose to use hashtags (#), but you do not need to do so. Use each spelling word in at least one "chirp". Review rubric prior to turning in your work.Words: disturbancereassuranceinheritancemaintenanceresemblanceappearanceperformanceattendanceabundanceendurance What is the key to natural selectionSuccessful reproduction aInherited traits bGenetic mutations cGenetic vartiations dSomeone pls help me with this The x-value of the vertex of f(x) = x2 - 10x + 3 is Which of the following can be used to represent the complement of event X? What are the amounts of interest and maturity value of a loan for 180,000 at 5 % *1 pointA. Is = 18,000 ; F= 198,000B. Is = 27,000 ; F= 207,000C. Is = 36,000 ; F= 216,000D. Is = 45,000 ; F= 227,000 What is the slope of the line that passes through the points (8, -4) and (6, 2)?Write your answer in simplest form. 539 + 35x = 2595PLEASE HELP ME!!! Which of the following best describesthe demographics of St. Domingue(later Haiti) BEFORE the revolutionbegan in 1791?A. Few white colonists, small groups of free people ofcolor, a majority of enslaved AfricansB. Exclusively free people of color.C. Exclusively white colonists.D. Few enslaved Africans and a majority wealthy, whitecolonists.No links and help asap! Enter the number that belongs in the green box This meal costs 11. The 5 coupon is applied, followed by a 7 sales tax rate. What is the total with the discount and tax? The norm of ______ is the well-accepted social standard dictating that we should treat other people as they treat us. please help me with the Thailand education system Thailand education public or private?What opportunities are available for the citizens?Describe the school system Write equation of the line containing (-3,4) and (-1,-2) Help please?!?!??!?!?!! in a water molecule the hydrogen and oxygen atoms hold together by sharing Which is the graph of 2x-4y>6? GivenAC BD , complete the flowchart proof below. Note that the last statement and reason have both been filled in for you. please giving brialist!!! Which sentence from the story best supports the idea that Gortsby likes to judge others?A"On the bench by Gortsby's side sat an elderly gentleman with a drooping air ofdefiance...B"I remember doing exactly the same thing once in a foreign capital."C "'To lose a hotel and a cake of soap on one afternoon suggests willful carelessness."D "'It's a lesson to me not to be too clever in judging by circumstances.'" https://jmcss.schoology.com/attachment/2062878343/source/17561d06d7c0f4bc8ac903c17266a8f2.docx What beyblades should I buy. It has to be a beyblade from DB. I have 4 choices so far. All in one set, Special Starter set, Ultimate Valkryie, and Greatest Raphael.pls answer this if you know about this. if you don't, pls don't answer. so basically, which 3 should I get out of the 4????