Ideally, management should compare its budget to ________ performance every month in order to determine if the company is performing as expected.

Answers

Answer 1
Ideally, management should compare its budget to  Actual performance every month in order to determine if the company is performing as expected.
By doing this, the management could create some sort of financial control to prevent the company from bleeding out its budget without gaining a sustainable amount of profit
Answer 2

Final answer:

Management should compare its budget to actual performance every month to determine if the company is performing as expected.

Explanation:

Ideally, management should compare its budget to actual performance every month in order to determine if the company is performing as expected.

By comparing the budgeted figures with the actual results, management can identify any variances or deviations and take appropriate action. This process is known as budgetary control, which helps in evaluating the effectiveness of the budget and making necessary adjustments.

For example, if a company budgeted $10,000 for sales revenue in a month but only generated $8,000 in actual sales, management can investigate the reasons behind the shortfall and take corrective measures, such as adjusting marketing strategies or increasing sales efforts.


Related Questions

When a purchase on account is made the invoice becomes a debit memo?

Answers

Final answer:

An invoice does not become a debit memo when a purchase is made on account. Instead, the purchase leads to a debit in the Purchases account and a corresponding credit in Accounts Payable. This is separate from a debit card purchase, which could result a debit memo from the individual's bank.

Explanation:

When a purchase is made on account, the invoice does not typically become a debit memo. In business, a debit memo is an official document that shows the amount that is due for goods or services. An invoice, on the other hand, is a document that lists the goods or services provided, their quantities, and prices.

For accounting purposes, when a purchase is made on account, it often results in a debit to the Purchases account and a corresponding credit to Accounts Payable. This transaction is separate from a debit memo. But you might confuse it with a debit card purchase where the amount is immediately deducted from the person's checking account. In that case, the person's bank might issue a debit memo to the account, reflecting the immediate subtraction of funds for the purchase.

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Assuming a company has been gathering ideas for new products, what is the next step in the development process?

Answers

The next step is BUSINESS ANALYSIS. Development process refers to the stages which a new product passes through during its life span. Development process are generally divided into six stages which are: planning, analysis, design, development and implementation, testing and development and maintenance. The business analysis stage is the phase where the cost implications of the product will be analysed.

One of the advantages of having a savings account is that the money can be used for emergency purposes, whereas money in bonds, CDs, or investments may not be readily available.

TRUE OR FALSE

Answers

TRUE. Hope this helps!

Answer:

TRUE  is the correct answer.

Explanation:

One of the advantages of having a savings account is that the money can be used for emergency purposes, whereas money in bonds, CDs, or investments may not be readily available is true.

When you require your money at the emergency condition in case of CD, investments and bonds you may get less cash  than you have invested or you need to pay penalty for the early withdrawal whereas in case of saving account you can withdraw your money at emergency condition without any loss or without any penalty.

Savings accounts are the safest way to save money and to earn interest in the cash deposited.

Advantages of saving account

In saving accounts your deposited money is safe and it also gives interest.In saving accounts, money can be kept safe and the money can be used at the time of requirement or emergency.Saving account can be open at very little cash.

 

Hope is desperate for the new designer purse that she saw while window shopping at her local mall. she knew every girl in school would covet her bag and wish to be like her. when she walked in, she whipped out her credit card, and purchased the $5,000 bag. this kind of purchasing is called: question 50 options: 1) conspicuous consumption 2) popular consumerism 3) designer consumerism 4) credit card consumerism

Answers

The answer is number 1, conspicuous consumption. It is the acquisition of goods or services for the particular purpose of displaying one's wealth. Conspicuous consumption is a means to display one's social status, especially when the goods and services publicly displayed are too expensive for other members of a person's class. This kind of consumption is characteristically associated with the wealthy but can also relate to any economic class. The concept of consumerism stems from conspicuous consumption.

The use of an organization's operational data as the source data for a bi system is not usually recommended because it ________.

Answers

The use of an organization's operational data as the source data for a bi system is not usually recommended because it requires considerable processing and can drastically reduce system performance.
BI system is business intelligence system. To making the better business decision is the purpose of Business Intelligence system. there are many business intelligence tools to make it successful. 

Which term most closely matches the description: an expression of the risk associated with a hazard that combines its severity and probability into a single arabic numeral which can be used to help determine hazard abatement priorities?

Answers

I would say a risk assessment rating would combine the severity and probability of a hazard occurring which if carefully thought out would allow an observer to know what amount of abatement would be necessary to alleviate the risk of the hazard creating physical damage say to production equipment or injuring someone.

A property seller empowers an agent to market and sell a property on his behalf. what is this an example of

Answers

It is an example of special agency. It enables the bond of the broker and the principle in which they have a contract of having little control of each other and responsibility. These agency are hired by the seller to be able to reach out for others in selling the seller's property, allowing them to do what they are capable of but the seller has only little control of the broker.

When noticing a suspicious vehicle on your property?

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I'd call the non-emergency police number and ask them to drive by and see what was up when they had a free minute

Chad's boss demoted him when he did not meet his sales goal for the month. this action indicates the use of

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The answer to this question is that Chad’s indicates the use of punishment. Punishment is a rough treatment to an individual because of a particular behavior that is unacceptable. In this situation, Chad was demoted because he did not reach his quota. The demotion of Chad was the form of punishment given by his boss.   

While filling out a personal assessment, a student notices that many of her interests involve science and research. Therefore, the assessment would most likely indicate that this student is best suited for a career in the

Technology cluster.
Art and Performance cluster.
Legal cluster.
Public Service cluster.

Answers

technology cluster would be your best bet.

While filling out a personal assessment, a student notices that many of her interests involve science and research. Therefore, the assessment would most likely indicate that this student is best suited for a career in the technology cluster

He ________ helps design programs and systems to find new sources of knowledge or to make better use of existing knowledge in organizational and management processes.

Answers

The answer to this question is "CKO or the Chief Knowledge Officer". He, the CKO, helps the design programs and systems to find and discover new sources of knowledge or to make and produce better use of existing knowledge in the organizational and management processes. He is also the person assigned and responsible for firm's knowledge management program.

In two to three paragraphs, summarize below what you learned about shopping for tires.

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I learned that when shopping for tires, it's good to keep an open mind and go with what you can afford, and get the best quality your dollar amount can purchase. It's best to go to several places that sell tires and get quotes on the tires, and if you can get the same tires for less, go with those. Hope this helped :) 
Final answer:

Shopping for tires goes beyond brand or size consideration. Knowing the physics behind tire pressure, which changes with temperature, is essential for purchasing optimal tires for specific temperature conditions.

Explanation:

Shopping for tires entails considering the tire’s pressure, which varies depending on changes in temperature. When tire shopping, it is important to first identify what you know and need to know. For instance, knowing the current temperature and the temperature at which the tires perform optimally will aid in determining the correct tire pressure. Utilizing an equation can provide precise answers. In essence, understanding the physics behind tire pressure helps make informed decisions when shopping for tires, as the tire pressure significantly impacts the tire’s performance and safety.

In summary, tire shopping goes beyond just opting for a trusted brand or the correct tire size. It also involves understanding the fundamentals of tire pressure, which is influenced by temperature changes. This knowledge is crucial in identifying the right tires that perform optimally under specific temperature conditions.

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Identify and discuss three areas which lead to failure for Toyota south Africa

Answers

Here are the three areas:
- Toyota's failure to recognize South African culture that would influence their taste and preference in choosing a product
- Toyota's failed product (The hiliux) caused South African customers to doubt the qulirt of toyota products and choose toyota's competitors instead
- Even after acquiring customers, Toyota failed to maintain the sustainability and loyalty of that customers

Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune's 50 most powerful women's list, uses the strategy "performance with purpose" to guide pepsico. an example of a program consistent with their strategy is pepsico's "pepsi challenge" which provides consumers with the opportunity to come up with creative solutions that "refresh the world". in this situation, nooyi is an example of someone who uses:

Answers

In this situation, Nooyi is an example of someone who uses SOCIAL POWER. Power refers to the ability to directly influence or control the behavior of others. A person or business is consider to have social power if he is been copied for his knowledge, skills, information etc, because of his expertise in a particular area and because he was able to achieve his set goals. 

What do we call the unreasonable restriction of business activities that results from conspiracy among members of a trade?

Answers

The answer is restraint of trade. This means any action which tends to bound trade, sales and transportation in regional commerce or has a considerable impact on interstate commerce. Antitrust law forbids most of these kinds of practices. The central antitrust law is the Sherman Act. This act prevents trusts from making restraints on trade or commerce and reducing competition. In 1890, the Congress approved the Sherman Antitrust Act. The Sherman Act targets to eliminate restraints on trade and competition. States also have laws contrary to restraints of trade that have strictly local impact.

In a ________ computing model, companies use their own infrastructure for essential computing tasks and adopt public cloud computing for less critical operations or additional processing during peak business periods.

Answers

The answer to this problem is the "HYBRID CLOUD". Hence when in a Hybrid Cloud computing model, companies use their own infrastructure for essential computing tasks and adopt public and shared cloud computing for less critical and less important operations or additional processing during and within peak business periods and time.

You place $4,00.00 in a bank account with an interest rate of 5.25% APR and another $2,000.00 in account with an interest rate of 6.00% APR.After 6months which account will have earned the most interest?

Answers

Final answer:

The account with the $ 4,000 deposit and 5.25% APR will have earned more interest over six months than the account with the $ 2,000 deposit and 6.00% APR.

Explanation:

The amount of interest earned on an account is determined by the amount deposited and the Annual Percentage Rate (APR). Interest can be calculated with the formula:

Interest = Principle x Rate x Time.

In this case, for your $4000.00 deposit at a 5.25% APR account the interest for six months would be

$4000 x 5.25/100 x 0.5 (0.5)because it is only for half a year) which gives $105.

Meanwhile, for your $2000.00 deposit at 6.00% APR, the six months' interest would be: $2000 x 6.0/100 x 0.5 which is $60. So, the account with the $4000 deposit and an APR of 5.25% will have earned more interest over six months.

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An investment-banking firm underwrites a new issue of stocks and bonds by:

Answers

An investment banking firm underwrites a new issue of stocks and bonds by BUYING THE ENTIRE STOCK OR BOND ISSUE A COMPANY WANTS TO SELL AT AN AGREED DISCOUNT. Investment banking firms used the method to generate income for themselves, they buy at discounted price and then sell the bonds to other investors at full price.

The answer is: Buying the entire bond or stock issue a company wants to sell at an agreed discount

Underwriting refers to a process when bank is raising capital from the investors on behalf of the companies who own the shares.

in order to gain profit from this, the bank need to buy the entire bond or stock at a discount during initial offering.

When the bank sell the bonds/stocks at the full price, the difference between selling price and the discounted purchase would be the profit that the bank acquire.

A​ zero-coupon bond can be redeemed in 20 years for $ 10 comma 000.$10,000. how much should you be willing to pay for it now if you want a return​ of:

Answers

Final answer:

To calculate the present value of a zero-coupon bond that will be redeemed in 20 years for $10,000, you use the present value formula considering the desired annual return rate. If market interest rates rise, you would pay less for the bond; if they fall, you would pay more. The correct answer is PV = $3,769.11.

Explanation:

When considering zero-coupon bonds and market interest rates, it's important to understand that the price of a bond inversely relates to the interest rate demanded by the market. In the context of a zero-coupon bond that will be redeemed in 20 years for $10,000, if you are seeking a return on investment different from the original terms, the current price you should pay will vary depending on the return rate you desire.

For example, if you want a return of 5% annually, you would calculate the present value of the bond using the formula:

PV = FV / [tex](1 + r)^n[/tex]

Where:

PV is the present value (what you should pay now)

FV is the future value of the bond ($10,000)

r is the annual interest rate (0.05)

n is the number of years until maturity (20)

Let's do the math:

PV = $10,000 / [tex](1 + 0.05)^{20}[/tex]

PV = $10,000 / 2.6533

PV = $3,769.11

Thus, you should be willing to pay $3,769.11 for the bond now to achieve a 5% annual return over 20 years. If market interest rates rise, the price you would pay for this bond would be less because you could potentially obtain a higher return from different investments. Conversely, if interest rates fall, you would pay more for the bond since it becomes harder to find investments that can match the desired return.

Analyse the effect of the current drought in South Africa on the following: economic impact.

Answers

The economic impact of the drought in South Africa are:

There was a reduction in the gross domestic product. This is because agriculture is a major contributor to gross domestic product.It lead to an increase in the level of unemployment. This is because a large population are employed in the agricultural industry.

What is a drought?

A drought is when there is a shortage of water supply in a particular region. This water supply can be from the atmosphere, surface or the ground.

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Statistically speaking, about how many times in your life will you be involved in a collision?

Answers

The car insurance companies estimate that on an average, we will have a car collision about once every 17.9 years or 3-4 times in a lifetime. This is based on a large database of collision claims and is for the driver with average ability.

How does government regulate natural monopolies?
A. Ensuring and overseeing one supplier
B. Rationing consumption per supplier
C. Setting Price controls for multiple suppliers
D. Subsidizing suppliers during surplus

Answers

I believe the correct answer would be option A. The government regulate natural monopolies by ensuring and overseeing one supplier. A natural monopoly would happen when a largest manufacturer of a certain industry would have a very big gap as compared to other competitors. These industries are being regulated so as to minimize monopolization and to maintain the competitive equality between industries. Monopolies are mainly being governed by antitrust laws on a national level and on an international level. The ways that the government is regulating are establishing average cost pricing, price ceiling, Rate of return regulations and taxation laws.

Answer:

The correct answer is A, "ensuring and overseeing one supplier."

Explanation:

I got 100% on the test. I hope this helps!

"what type of internet monitoring technique records information about a customer during a web surfing session, such as what websites were visited and how long the visit was, or what ads were viewed and what was purchased?"

Answers

the type of internet monitoring technique that being mentioned above is: Clickstream
In clickstream, we create, analyze, and created an aggregate data about the websites that the customer visits.By doing this, we could formulate visitors' behavioral pattern and create perfect ads to target that pattern

Building a strong value structure foundation consists of

Answers

 

These are some values or actions, which creates a tough value structure foundation. If you are constructing a tough "value structure foundation" it comprises of pursuing to be a better person, collaborating positively, and being thoughtful to your audience or viewers.

 

Building a strong value structure foundation in college involves identifying personal strengths and values, which supports self-efficacy and guides in creating supportive relationships and networks. Values originating from family and culture may evolve, and commitment to these values facilitates personal growth and integrity.

Building a strong value structure foundation is essential for creating your best self during college, which involves more than academics alone. At the core of this foundation are your positive attributes and a clear understanding of your values.

Not only does this bolster self-efficacy, but it allows one to build a supportive network of like-minded individuals. To start, you should identify your strengths by reflecting on what makes you feel good about yourself, including traits that make you a valued friend or community member. These are the pillars of your self-confidence and self-efficacy.

Identifying Values

Next, consider your values which are deeply rooted in family, culture, and community. Understand that these values may evolve as you face new challenges and grow independently during your college years. Recognizing when your values are challenged will help you better understand why you hold them dear and how you might be open to change.

Values in Action

It's also critical to move beyond just acknowledging your fundamental values to putting them into action, which requires determination and courage. Businesses, such as Ben & Jerry's and Microsoft, illustrate how founder values can shape the culture and success of an organization. Similarly, building your value structure in college can contribute to personal growth and success.

What is the cause of change for empedocles?

Answers

The cause of change for Empedocles is Love and strife.

Empedocles was a Greek philosopher. He explained the diversity and changes in the work and according to him love and hate is the principle for change, like love combines and hate separates. He also conceived the reality as unity of root elements that are earth, air, water and fire.

13 a company figured it needed 56.5 square feet of carpet for its reception room. to allow for waste, it was decided to order 30 percent more material than needed. fractional parts of square feet cannot be ordered. at $7.00 per square foot, how much would the carpet cost?

Answers

The area of the part to cover with the carpet was 56.5 square feet but 30% more was ordered just to be sure there was enough so 56.5 x 1.3 = 73.45 Sq ft or rounded off it is 74 sq ft. Since the ordered amount will be 74 sq ft then its' cost will be 74 x$7.00 = $518.00. 

______________ helps to reduce bottlenecks of traffic by allowing up to eight switch ports to be bound together for data communications.

Answers

The answer to this question is the Link Aggregation. The Link Aggregation is the process to combine multiple network connections in order to automate the configuration of the network. The advantage of using link aggregation is that it can increase the bandwidth and it can balance the links in the network.
Final answer:

Link Aggregation or Port Trunking is the technique that can reduce traffic bottlenecks by binding multiple switch ports together to increase data capacity and enhance network performance.

Explanation:

The technology in question is known as Link Aggregation or Port Trunking. This is a technique used in high-speed networking systems to provide increased data capacity. By allowing up to eight switch ports to be bound together for data communications, traffic bottlenecks are reduced. The ports work together as one to increase bandwidth and enhance the performance of your network. For example, if a switch has a data capacity of 10mb per port, by using link aggregation, you could combine eight ports to provide 80mb of data capacity. This is beneficial for data-intensive applications like video streaming, online gaming, and large file transfers.

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Walgreens customers can sign up for the balance rewards program, entering a member number or using a member card every time they make a walgreens purchase in order to receive discounts and build up points that can be redeemed for rewards. information that walgreens collects through these purchases is best described as ________.

Answers

It is best describe as the Scanner Data. It is a nitty gritty information on offers of shopper merchandise got by "filtering" the standardized identifications for singular items at electronic purposes of offer in retail outlets. The information can give a point by point data about amounts, qualities, and estimations of products sold and in addition their costs.
Final answer:

Walgreens collects 'transactional data' through its Balance Rewards program, which includes the purchasing details of its customers such as the items bought, purchase times and frequency. This data helps in offering personalized discounts and analyzing shopping behaviors, similar to how EBT cards work for food purchases with certain benefits.

Explanation:

The information that Walgreens collects through its Balance Rewards program is best described as "transactional data." Customers who sign up for this program and use their member number or card at the time of purchase allow Walgreens to track their buying habits. This transactional data is valuable for Walgreens as it can be used for targeted marketing and improving customer service. It includes details such as what items were bought, when they were bought, and how often certain items are purchased.

Walgreens uses this data not only to provide discounts and points to the customers but also to analyze shopping patterns and preferences. The accumulation of points can lead to rewards that customers can redeem, and these benefits can be likened to how Electronic Benefit Transfer (EBT) cards allow for the purchase of eligible food items at participating stores. Both systems provide value to the user through a structured rewards system.

In the seven step military problem solving process you have identified the problem. what is the next step?

Answers

The next step is Gather information. The objective is to have high caliber, satisfactory choices made in battle and preparing circumstances. The Military Problem Solving Process enables pioneers to confront complex issues in circumstances where data may be restricted. 
While creating conceivable arrangements amid the Military Problem Solving Process, the pioneers will precisely record every conceivable arrangement and compress the Solution in composing and outlines.

Noninstitutional lenders who usually lend their own money and then sell their loans to others and service the loans are called:

Answers

It is called as a nonrecourse loan. These lenders do not give a guarantee to any return to depositors. They create business through speculation. These lenders are usually private companies, banks, trust, and investment funds. Noninstitutional lenders are only responsible for their own the loans that they provide. 
Final answer:

The term for noninstitutional lenders who lend their own money, sell these loans to others, and continue to service these loans is mortgage bankers. These lenders finance loans with their own funds, sell the loans to investors, and undertake the administrative tasks of the loans.

Explanation:

Noninstitutional lenders who lend their own money, sell their loans to others, and service the loans are referred to as mortgage bankers. Mortgage bankers finance loans with their own funds at closing and then sell the loans to investors. After they sell the loans, they continue to service them, meaning they continue with the administrative tasks of the loan such as collecting payments. These tasks are done on behalf of the investor who owns the loan.

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