After a business designates categories of expense in its budget, it a: applies a formula. b: appoints an accountant. c: allocates a dollar amount. d: attaches a time limit.

Answers

Answer 1

Answer:

c: allocates a dollar amount.

Explanation:

Budget is a systematic accounting record of expected expenses & receipts of  an entity, for a period of time.

Expenses categorization is an important stage of budget planning. After designating the expenses categories in budget, a business entity should - allocate a dollar amount to the total expenses & its further distribution within the categories.


Related Questions

Match the examples with the types of goods. To match them, click the example, and then click the type of good.
Match the examples with the types of goods.



To match them, click the example, and then click the type of good.

Omar buys a snack bag of chips that he noticed while waiting in line at the store.

Unsought good

Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary.

Convenience impulse good

Jamie goes to the store to buy toothpaste.

Convenience staple good

Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item.

Shopping good

Adriana only buys doughnuts from her favorite local doughnut shop.

Specialty good

Answers

Answer:

1. Convenience impulse good

2. Unsought good

3. Convenience staple good

4. Shopping good

5. Specialty good.

Explanation:

1. Omar buys a snack bag of chips that he noticed while waiting in line at the store: Convenience impulse good.

A convenience impulse good can be defined as goods (products) that an individual purchases without planning to buy them or having prior intention to do so. Therefore, convenience goods are easily available and often purchased by impulse.

2. Joaquin pays for renters' insurance so that he will get paid if his belongings are destroyed in an accident or burglary: Unsought good.

Unsought goods can be defined as goods or services that an individual do not think of buying or isn't aware of but purchases due to a fear of danger (damage).

3. Jamie goes to the store to buy toothpaste: Convenience staple good.

A convenience staple good can be defined as goods (products) that an individual consumes on a regular basis and as such are purchased more often.

4. Wanda reads reviews of different video cameras to decide what brand she wants, and then chooses the store with the lowest price on that item: Shopping good.

Shopping goods can be defined as goods (products) that an individual purchases after doing due diligence by comparing its style, quality and price in other stores.

5. Adriana only buys doughnuts from her favorite local doughnut shop: Specialty good.

Specialty goods refers to consumer goods that an individual considers to be exclusive and unique, for which he or she would go any length and perhaps, do anything to get them due to the strong preference.

Explain one advantage of good branding to a business.

Answers

Answer:

I DIDN'T COPY FROM GOOGLE, I PUT IT IN MY OWN WORDS

Explanation:

Having a good, customary brand amplifies your reliability with Customers, your production, and the marketplace as a whole. As you boost your credibility, you also construct acknowledgment, allegiance, and competitiveness.

Should Shaun use gross pay or net pay when creating his budget? Explain your
reasoning.

Answers

Answer:

jjheeeneemme

Explanation:beenem

3
Why is it essential to think about interest and ability while selecting an occupation Clarify in five sentences​

Answers

"I think Interest and Ability are equally important for a magnitude of reasons. Interest is a key factor because you never wanna be bored at work. Find a job you love, and you'll never work a day in your life. Ability is important because you at least wanna be good enough at your job so your employer doesn't fire you."

Explanation:

Maybe change up some of those words just so it can seem uniquely yours.

Which of the following is the most reasonable response to Feedback from concept testing?

A. Most consumers liked a product idea but suggested some minor improvements, so the concept was retained without change in advance to the next phase of development.
B. Most consumers like the basic idea but suggest some changes, so changes were implemented, and the revised concept was retested.
C. most consumer suggested changes to a product concept, so the concept was identified as not enthusiastically received and was discarded.
D. Small small percentage of consumers voiced serious dislike of the product concept, so it was discarded.

Answers

The following which is the most reasonable response to Feedback from concept testing is Most consumers like the basic idea but suggest some changes, so changes were implemented, and the revised concept was retested Option(b) is correct.

What does concept testing means?

Concept testing to be recognized from pre-test markets and test markets which might be utilized at a later phase of item improvement research is the method involved with utilizing overviews.

It is significant not to mistake concept testing for promoting testing, brand testing and bundling testing, which is generally expected. Concept testing centers around the fundamental item thought, without the embellishments and puffery in public.

Concept testing in the new item advancement (NPD) process is the concept age stage. The concept age phase of concept testing can take on many structures. Now and again concepts are produced unexpectedly, as the consequence of mechanical advances. At different times concept age is conscious: models incorporate meetings to generate new ideas, issue location studies and subjective exploration.

Therefore Option(b) is correct.

Learn more about concept testing here:

brainly.com/question/5780930

#SPJ2

One way products can be categorized is by brand.
O a) True
Ob) False

Answers

Answer:

A. True.

Explanation:

One of the direct implementation for this categorization can be seen if you go to your supermarket. Supermarkets tend to categorize their product in a way that resulted in the most sales.

In order to achieve this, they tend to lined up the most popular brands on a place that's close to costumers' eye level on the shelf. The less popular brand will be place on top or lower part of the shelf that's a little bit harder to see.

An earned education certificate track
after an individual has successfully
completed the necessary course
requirements for a particular field at a
community college

Answers

associates degree !!!!!!!

25 points
What is it called when you change the color within a theme?

Question options:

Color change


Transition color


Variant


Flexible coloring

Answers

Answer:

transition color

Explanation:

i just finished the test

have seen ystuckey on brainly

Answers

???????????????????????????????????????

Match each effect with the correct type of trade barrier

A. Standards
B. Quotas
C. Embargoes


A. Restrict exports entirely and can be used as punishment
B. Place limits on imports and can drive up prices
C. Enforce rules to uphold quality and are intended to protect consumers

Answers

Answer: i got you

Explanation:

standards= C

Quotas= B

Embargoes= A

Trade Barrier although it affects "free trade"  is not a negative term. The Correct match of given options are A - C, B - B, C- A.

Trade Barrier

For a Nation, the concept of "Free Trade" is not altogether positive as it can  sometime affects their domestic industries which are not capable to compete big companies. To overcome this issue "Trade Barrier" is used, apart from economic reason, it can also be used for political reasons.

In the following question we have to match different types of trade barrier with their definition. Here are the correct match:-

A. Standard - C. Enforce rules to uphold quality and are intended to protect consumers.

B. Quotas -  B. Place limits on imports and can drive up prices

C. Embargoes - A. Restrict exports entirely and can be used as punishment.

Learn more about Trade Barrier here:

https://brainly.com/question/1326741

Pls help i need help fast pls
The percentage of a person's pay that is deducted for FICA-Social Security is _____.
Group of answer choices

6.2%

1%

3%

10%

Answers

Answer:

6.2%

Explanation:

According to the Employers Tax guide Employer's publication 15 of  2020, an employee social security deduction should be  6.2% of their gross pay.  It means the employee is deducted 6.2% of gross pay as social security tax. The employer is also expected to contribute 6.2% of the employee' gross pay.

what is the opposite of the opposite of left???
if you get it fight you get brainliest!!!!

Answers

Answer:

Opposite of left, right. Opposite of right, left

I lost some brain cells O.O

Answer:

left??? i think

Explanation:

Why is international trade important to most countries?
A. Trade allows countries to acquire natural resources not found in
their own territories.
B. Trade ensures that countries will not create trade deficits that
harm their economies.
C. Trade protects countries from economic competition with
neighboring countries.
D. Trade encourages countries to produce all the goods their citizens
need.

Answers

The transfer of welfare's, services, commodities among the nation for financial gain is called international trade.

The correct answer is:

Option A. Trade allows countries to acquire natural resources not found in their territories.

This can be explained as:

Import and export of sources between the countries allow the nation to grow their market and assets.

Because of the international trade modes, the availability of the assets not produced in their country is available for the citizens to utilize.

It gives more employment and hence improves the nation's economy.

Therefore, trade allows countries to avail resources that are found in their region.

To learn more about international trade follow the link:

https://brainly.com/question/20344185

Answer:

A

Explanation:

the fact that companies can store and access emails sent or received on their equipment limits which of your rights

Answers

Answer: the answer is Privacy

Explanation:

They are limiting your rights of privacy by them being able to access your emails and such if that makes sense.

Answer:

Privacy

Explanation:

A p e x

what is jotaro kujo´s stand name? correct answer will get 5 stars, thanks, and brainlest.

Answers

Answer: stats

Explanation: I believe this is right but I’ve been wrong before

Which one of the following business stakeholder groups can exert pressure on a business by imposing stricter credit terms, or by refusing to grant further credit?
A. D suppliers B. customers C. shareholders D. pressure groups

Answers

Answer:

A. D suppliers

Explanation:

Suppliers are traders who sell materials and other items to a business.  Suppliers are stakeholders in any company that they supplier products or services. They have commercial interests as creditors to the company.

Because suppliers are the one's who sell to a business of credit, they are the only ones who can impose credit terms on the business.  Suppliers may also relax the credit terms or deny the business credit facilities depending on their risk assessment of the company.

The "E" in ALERT stands for Employees and reminds you to (Choose all answers that apply)

A. Know who (which employees) are in your facility.
B. Limit employees access to prep & storage areas.
C. Conduct background checks and verify credentials.
D. Test employees knowledge of allergens.

Answers

the answer is A i believe

BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee.

Answers

Answer:

a.

                Taxes to be withheld from Gross Pay (Employee - Paid Taxes)

                                      September Earnings      Tax Rate         Tax Amount

                                             Subject to Tax

Federal Income tax                                                                            $80.00

FICA - Social Security                800                       6.20%                $49.60

FICA - Medicare                          800                      1.45%                 $11.60

Total                                                                                                   $141.20

FICA - Social Security = 800 * 6.2% = $49.60

FICA - Medicare = 800 * 1.45% = $11.60

b.

Date             General Journal                                           Debit            Credit

Sep 30          Salaries Expense                                       $800

                     Federal income tax payable                                             $80

                     FICA taxes Payable - Social Security                               $49.60

                     FICA taxes Payable - Medicare                                        $11.60

                     Salaries Payable                                                               $658.80

Salaries Payable = 800 - 80 - 49.60 - 11.60 = $658.80

Easy ways to learn BRS​

Answers

Answer:

BRS is a Bank Reconciliation Statement:

1. COMPARE THE DEPOSITS

Match the deposits in the business records with those in the bank statement. Compare the amount of each deposit recorded in the debit side of the bank column of the cashbook with credit side of the bank statement and credit side of the bank column with the debit side of the bank statement. Mark the items appearing in both the records.

2. ADJUST THE BANK STATEMENTS

Adjust the balance on the bank statements to the corrected balance. For doing this, you must add deposits in transit, deduct outstanding checks and add/deduct bank errors.

Deposits in transit are amounts that are received and recorded by the business but are not yet recorded by the bank. They must be added to the bank statement.

Outstanding checks are those that have been written and recorded in cash account of the business but have not yet cleared the bank account. They need to be deducted from the bank balance. This often happens when the checks are written in the last few days of the month.

Bank errors are mistakes made by the bank while creating the bank statement. Common errors include entering an incorrect amount or omitting an amount from the bank statement. Compare the cash account’s general ledger to the bank statement to spot the errors.

3. ADJUST THE CASH ACCOUNT

The next step is to adjust the cash balance in the business account.

Adjust the cash balances in the business account by adding interest or deducting monthly charges and overdraft fees.  

To do this, businesses need to take into account the bank charges, NSF checks and errors in accounting.

Bank charges are service charges and fees deducted for the bank’s processing of the business’ checking account activity. This can include monthly charges or charges from overdrawing your account. They must be deducted from your cash account. If you’ve earned any interest on your bank account balance, they must be added to the cash account.

An NSF (not sufficient funds) check is a check that has not been honored by the bank due to insufficient funds in the entity’s bank accounts. This means that the check amount has not been deposited in your bank account and hence needs to be deducted from your cash account records.

Errors in the cash account result in an incorrect amount being entered or an amount being omitted from the records. The correction of the error will increase or decrease the cash account in the books.

4. COMPARE THE BALANCES

After adjusting the balances as per the bank and as per the books, the adjusted amounts should be the same. If they are still not equal, you will have to repeat the process of reconciliation again.

Once the balances are equal, businesses need to prepare journal entries for the adjustments to the balance per books

Explanation:

Bought a machine for Rs.100000 from ABC trading concern in account​

Answers

Answer:

whats the question. Please let me know

Explanation:

As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.

Answers

Answer:

822 hours

Explanation:

The charge per hour is $10.25.

To earn a total of $8,425,  one need to work ? hours.

1 hr =$10.25

? hrs = $8,425

?hrs = $8,425 / $10.25

=821.951

=822 hours

Ben Thomas is earning an annual salary of $15,090 at Custom Stereos. He has been offered a job at the local Ford dealer for $16,660 annually. How much more would Ben earn per week if he accepts the position at the Ford dealer?

Answers

Answer:

$30.2

Explanation:

The current annual salary for Ben Thomas is $15,090. the weekly salary will be $15,090 divide by 52

=$15,090 / 52

=$290. 2

The new annual salary at the Ford dealer is $16,660

Weekly salary is the annual salary divided by 52

= $16,660 / 52

=$320.4

Ben Thomas will earn much more by:

=$320.4 - $290. 2

=$30.2

Allison corporation acquired 90 percent of bretton on January 1, 2016. Of Brettons total acquisition date fair value, $60000 was allocated to undervalued equipment

Answers

Answer:

Hello your question is incomplete attached below is the complete question

answer : consolidated Total sales = $1008000

Explanation:

Determine the consolidated totals for sales

to get the consolidated totals for sales we have to add up the two book values then subtract $92000 ( which is the entity transfers )

Consolidated Total sales = ($70000 + $400000 ) - $92000

                                          = $1100000 - $92000 = $1008000

A large corporation wants to expand into Asian markets. They want to issue a bond and plan to guarantee the bond with land holdings in Latin America so What type of bond would they issue ? Why?

A. Corporate
B. Municipal
C. Agency
D. US Treasury

Explain why

Answers

Answer:

A. Corporate

Explanation:

Corporate bonds are debts instruments used by public and private corporations to raise capital from investors. They offer predetermined interest payments to the investor and the principal amount when the bond matures. Corporate bonds are riskier than government securities; that why they offer a higher interest rate.  

To attract investors to purchase a bond, a corporate may use some of its assets to back the bond. The assets become collateral for the bond. The land in Latin America will guarantee the bond. Investors will have the right to dispose of the land to recover their money should the company fail in its bond obligations.

Discovering objections in the minds of potential buyers often takes place when the seller attempts to ____ the sale.

A. Close
B. Approach
C. Prospect
D. Present​

Answers

Answer:

D. Present​

Explanation:

Sales objection can be defined as a hindrance or an obstacle posed as questions or statements to a salesperson by a potential or prospective buyer (prospect), indicating his or her unwillingness to buy a product.

Generally, in the selling process, prospective or potential buyers may object to a service, producer, competitor, price, time, product etc.

Hence, discovering objections in the minds of potential buyers often takes place when the seller attempts to present the sale such as explaining the benefits attached to a product or demonstrating how to use the product.

Additionally, in order to convince a potential buyer or handle the objections raised during the presentation of a product, salespersons are usually advised to listen, respond, clarify, and respect rather than being defensive.

Answer:

d.

Explanation:

Does walking your neighbors dog everyday (and there elderly) count as community service?

Answers

Answer:

It depends.

Explanation:

If you are helping people who need help, and if they are your neighbors, then they are in your community. Thus, you are doing community service.

Although, if they don't need help and you keep insisting, then that might not be community service because they don't need your help.

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Suzy ordered some games online for $19 each. She paid a total of $8 for shipping. The total cost of the purchase was $122. How many games did she buy? 7) Using the word problem above, write an equation to find the number of games Suzy bought. (Hint: Don't do any of the steps to solve it, just write the equation) Your answer Reorder the following sentences in the correct order.1- It is mainly formal, impersonal and objective .2- In most of these the writer is expected to include references to other writing or research.3- Academic writing is a particular kind of writing, that can be recognised by its style .4- These includes essays, reseach reports and articles , case studies , surveys, dissertations , thesis , and examination papers .5- Other distinctive features will depend upon the specific types of academic writing . A persons weekly pay is directly proportional to the number of hours worked. Shawns pay is $123.00for 20 hours of work. Find the amount of pay for 31 hours of work. ONLY NUMERICAL VALUE what is -2(15 5) + 7(-2) u have to write abt the question it doesn't have to be long just at least like 3 sentences or more If there is a high supply for a product, then production would be _____.decreasedincreasedthe samenone of the above Explain and discuss the relationship between Prestige, Power and Income when examining Social Stratification. The coding system that has just two characters is called: abinary bdual. cbasic. ddouble. The author uses flashback in this story to show A. the misunderstanding between Rob and Adrian. B. the deteriorating health condition of Piyush. C. the history of Rob and Piyush's friendship. D. the relationship of Adrian and Rob's family. if you answer correctly ill give brainliest "She finished the sprint with the speed of a cheetah." This statement represents which of thefollowing functions of language? (2 points)correct answer is poetic. Why would the author include this event in the biography? A. It describes the beginning of Kahlo's relationship with Diego Riverab. It describes Frida Kahlo's feelings about her artwork According to this map, places that experienced the Hellenistic Age included West Africa and Russia West Africa and France Egypt and the Arabian peninsula Egypt and Asia Minor Help ASAP ASAP number 6 Im so confused pls help 9. a - 2a +5pls help im kinda dumb A student entering high school is pursuing STEM education. What can you infer about this student? Your cell phone plan costs $34.99 per month plus $0.15 for each text message you send or receive. You have at most $40 to spend on your cell phone bill. what is the maximum number of text messages that you can send or receive next month? Based on historical data, your manager believes that 30% of the company's orders come from first-time customers. A random sample of 64 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is greater than than 0.2? The change in the amino acid sequence illustrated in Figure 1 caused a change in the shape of Receptor X . Based on the R groups of the original and substituted amino acids, explain why Receptor X changed shape.