A policy is a written institutional rule or plan of action that addresses a specific need and requires compliance within that institution.
A policy is a formal document that outlines the rules, guidelines, and procedures to be followed within an institution. It serves as a framework for decision-making and provides direction on how specific issues or situations should be addressed. Policies are typically created to address a specific need or requirement within an institution, such as ensuring compliance with legal regulations, promoting ethical conduct, or managing operational processes.
Policies are written documents that establish standards, expectations, and protocols for various aspects of the institution's operations, including governance, human resources, financial management, information technology, and more. They provide a consistent and transparent approach to decision-making and help maintain consistency and fairness within the institution.
Policies may be developed by the institution's management or governing body and are typically communicated to employees, stakeholders, and other relevant parties. Compliance with policies is generally mandatory within the institution, and violations may result in disciplinary action or other consequences. By having policies in place, institutions can establish a clear framework for behavior, promote accountability, and ensure that operations align with their objectives and values.
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When a corporation has only one class of stock, the stock is called:
When a corporation has only one class of stock, it is identified as common stock.
Commonplace inventory is a shape of corporate equity possession, a kind of protection. The phrases vote casting proportion and normal proportion also are used frequently outside of the USA. They're called fairness shares or everyday stocks inside the united kingdom and different Commonwealth nation-states.
Common stock is a sort of stock issued to the majority of shareholders in a corporation. Holders of commonplace inventory enjoy sure rights that their opposite numbers in favored inventory holders do not. Instead of receiving everyday payouts, common stockholders derive fees from their shares when the employer grows.
In other phrases, it's a way to divide up the possession of a business enterprise; so one share of common stock represents a percent ownership percentage of an employer. As an example, if a corporation had 100 shares remarkable, one proportion would be equal to at least one percentage possession of the business enterprise.
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If an economy has moved into an inflationary spiral, which of these fiscal policy actions might be taken?
If an economy has moved into an inflationary spiral, Increasing taxes on these Fiscal policy actions might be taken
The above answer to the given question is "Increasing Taxes".
Decreased government expenditure is one of the key weapons of contractionary fiscal policy, which is necessary for an inflationary spiral.
When does Economic Growth need to be halted?
If inflation becomes uncontrollably high, the economy may require a slowdown.
A government can employ fiscal policy in this case to raise taxes and drain money from the economy. Government spending may need to be cut as a result of fiscal policy, which would reduce the amount of money in circulation.Whom all does Fiscal Policy effect?
The middle class, which is often the largest economic group, maybe the only group to benefit from a tax cut, depending on the political preferences and objectives of the decision-makers.
This same group may be required to pay higher taxes than the wealthier upper class in times of economic downturn and increased taxes.
Hence, the correct answer is to increase tax.
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All of the following are considered phases of the management process except ________. planning directing controlling executing
All of the following are considered phases of the management process except executing.
What does management process include?
Because it completes a number of tasks, such as planning, organizing, staffing, leading, and controlling in a particular order, management is a process.
Planning, organizing, leading, and regulating are the four main tasks that managers must complete as part of the management process. Understanding that the management process is not always linear is crucial.
Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
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n a small open economy with perfect capital mobility, if the domestic interest rate were to rise above the world interest rate, then ______ would drive the domestic interest rate back to the level of the world interest rate. a. capital inflow b. capital outflow c. the central bank d. a decline in domestic saving
A) Capital inflow.
The inflow of capital: What is it?Net purchases of domestic assets by non-residents, or the difference between purchases and sells, are referred to as capital inflows. Net foreign asset purchases by domestic agents, excluding the central bank, equal net capital outflows. The total of foreign direct investment into the domestic economy, portfolio investment obligations, and other investment liabilities is known as capital inflows. Capital inflows to developing nations increased dramatically in the early 1990s. Direct and portfolio investments were sparked by interest in nations with developing financial markets. The influxes were welcomed since they gave investors more chances for international diversification and helped developing nations finance domestic projects.
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In one survey, the highest number of responses came from entrepreneurs who said their idea for a business came from ________.
In one survey, the highest number of responses came from entrepreneurs who said their idea for a business came from Sudden insight/chance .
What Is an Entrepreneur?
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.
Entrepreneurial Insights provides deep entrepreneurial insights into how to start, grow, and exit a business. The website contains information in categories such as corporate strategy, finance, general, HR, job profile, legal, management, marketing, operations, technology, and more.
Anyone interested in starting and running their own business should consider which entrepreneurial model they prefer:
Small business.Scalable startup.Large company.Social entrepreneurship.Therefore, we can conclude that the correct option is : A.
Your question is incomplete, but most probably your full question was:
In one survey, the highest number of responses came from entrepreneurs who said their idea for a business came from_____.
A .Sudden insight/chance
B. Market Research
C .Somebody else's product/service
D. A suggestion or collaboration
E . Following a passion
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Labor, as a factor of production, refers to: Group of answer choices only hourly wage earners full employment time spend working on a task rent and wages all workers
Labor, as a factor of production, refers to all workers.
What is labor?Factors of production are the resources used to facilitate the production of goods and services. Labor is one of the four factors of production. Labor is the effort used by people in the production of goods and services. The reward of labor is wages.
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Supplier characteristics such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier should be considered during the process of
Supplier characteristics such as lead time, reliability, quality, and design capability that impact the total cost of doing business with a supplier should be considered during the process of supplier scoring and assessment.
At every stage of the product lifecycle, suppliers play a crucial role. To get the most out of their products, businesses need to collaborate closely with their suppliers on everything from procuring raw materials to helping to scale up production and identifying better raw material possibilities as the market starts to get saturated.
To Measure Your Supplier Performance in 7 Simple Steps =
Align performance goals. Choose evaluation approach. Develop information collection method. Design a robust assessment system. Roll out the system. Provide actionable feedback.Showcase results.Why is supplier quality important?
Dealing with fewer suppliers results in less fluctuation in crucial process inputs. If the suppliers have shown to be successful in controlling their output, there will be less need for regular monitoring of both the suppliers and the products.Learn more about supplier scoring and assessment brainly.com/question/13870090
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Use an appropriate example from your experience to distinguish between accounting profit, economic profit, and normal profit. Based on your analysis, does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures
The real profit earned by a company during a particular period is Accounting Profit; Economic Profit means the company is earning the abnormal profit, i.e. profit in excess of what is needed to cover the expenses. Normal Profit arises when Total Revenue (TR) = Total Cost (TC).
Distinguish between accounting profit, economic profit, and normal profit.
The company's net income for a certain accounting year is known as the accounting profit. Economic profit is the balance that remains after all expenditures and revenues have been subtracted. The smallest amount of profit required for its survival is called normal profit.
How entrepreneurs allocate resources between different business ventures?
Sales revenue less explicit costs, such as materials and labor costs, etc., equal accounting profit.
The accounting profit you could have possibly made in another (or alternative) company venture is the same as normal profit. This enables us to accurately calculate the opportunity cost of the ongoing business project. Since a firm's owner would eventually shut it down if a typical profit were not being made, economists consider normal profits as costs. A regular profit is a cost because the entrepreneur must maintain the business to make a profit.
Accounting profit less any additional implicit costs to the business equals economic profit. This includes the capacity for entrepreneurship, forfeited interest, lost wages, etc.
Entrepreneurs transfer resources amongst various business initiatives based on economic return. Economic profit indicates whether a business venture is making more money than average (more than other alternative business ventures on average), and if it is more than zero, more resources will go toward this activity. When economic profit is negative, the opposite is true.
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TechSmart employees receive annual pay raises and stock allocations on the basis of performance evaluations that assess individual achievement of goals. TechSmart managers are implementing ________ justice
TechSmart managers are implementing distributive justice.
What is distributive justice?Employees experience distributive justice when they think that results are fair. These results can be measurable, like pay, or intangible, like appreciative remarks. In the event that staff members feel fairly compensated or handled, distributive justice is achieved. When equal effort does not result in equal rewards or when a person or group obtains an excessive amount of goods, distributive justice is lacking.
When equals enjoy the same distribution of benefits, distributive justice has unquestionably been attained. In a constitutional democracy, governmental policies that guarantee social security or healthcare to all retirees and the old are examples of distributive justice.
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The inventory valuation method that identifies the invoice cost of each item in ending inventory to determine the cost assigned to that inventory is the: Group of answer choices First-in, first-out method. Weighted average inventory method. Specific identification method. Last-in, first-out method. Cost accounting method.
it is the inventory valuation method that identifies the invoice cost of each item in ending inventory to determine the cost assigned to that inventory
What is First in first out method ?The first in, first out (FIFO) method of inventory valuation is a cost flow assumption that the first goods purchased are also the first goods sold.
In most companies, this assumption closely matches the actual flow of goods, and so is considered the most theoretically correct inventory valuation method.Imagine if a company purchased 100 items for $10 each, then later purchased 100 more items for $15 each. Then, the company sold 60 items. Under the FIFO method, the cost of goods sold for each of the 60 items is $10/unit because the first goods purchased are the first goods sold.Learn more about First in first out here:
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The costs of direct materials, direct labor, and overhead for partially completed products are known as:
The costs of direct materials, direct labor, and overhead for partially completed products are known as total manufacturing costs.
Direct material costs are the costs of raw materials and parts used to manufacture products. The materials must be clearly identifiable in the resulting product (otherwise they are considered community costs). Direct material costs are one of the few variable costs associated with the production process.
Therefore, it is used to derive the throughput from the production process. The throughput is the revenue minus all fully variable costs. Examples of direct materials include wood used to build houses, automobile steel, radio circuit boards, and fabrics used to assemble garments.
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The process of approving and processing ______ is expensive so bankers are always seeking way to make the system more efficient.
The process of approving and processing checks is expensive so bankers are always seeking way to make the system more efficient.
What are bank checks?This is the term that is used to describe the authorization that the owner of the check would give to a bearer telling the bank to pay him some amount of money.
Ther process of doing this is known to be expensive hence the need to make it better.
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If the same person served on the boards of directors of competing firms, she would be participating in:____.
If the same person served on the boards of directors of competing firms, she would be participating in an interlocking directorate.
What is interlocking directorate?Interlocking directorate is when a person, who is a director in a company, accept the position of a director in a competing firm. It is the practice of the same individual being a member of multiple boards in companies.
Here, a member of one corporation's board of directors in that corporation as well as the board of another corporation or management of another corporation in business practice.
The above means that a corporate directorate includes one or more members who serve simultaneously in the directorates of other firm.
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You deposit $400 each month into an account earning 3% interest compounded monthly. a) How much will you have in the account in 35 years
I will have $2,96,625.46 in my account in 35 years.
Using financial calculator BA II Plus - Input details: #
I/Y = 3/12 = 0.250000
PMT = Payment = -$400.00
N = Total number of periods = 35×12 = 420
PV = Present Value = $0.00
CPT > FV = Future Value = $2,96,625.46
After 35 years, there would be $2,96,625.46.
Compound interest is calculated via multiplying the preliminary mortgage quantity, or main, by using the one plus the annual interest fee raised to the number of compound periods minus one. This may leave you with the whole sum of the loan consisting of compound interest.
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The ________ takes into account such costs as deteriorated customer relations and lost sales
The Full cost view of maintenance takes into account such costs as deteriorated customer relations and lost sales.
a cost that an employer has when they employ someone, in addition to the cost of paying the person's salary or wages. cost is the amount or equivalent paid or charged for something .
Examples of costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.
Direct, indirect, fixed, and variable are the 4 main kinds of cost.
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In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest ______ minority groups.
In the United States, African Americans, Native Americans, and Asian Pacific Americans are considered the largest racial minority groups.
A minority group is a group of people who are less numerous than the major groups within those groupings in terms of their practices, color, religion, ethnicity, or other traits.
Racial minority groups are a group of people of a particular race who are underrepresented in comparison to a bigger group, the general public, etc.
However, the term "minority" in the 1990s typically refers to four significant racial and ethnic groups: African Americans, American Indians and Alaska Natives, Asians and Pacific Islanders, and Hispanics. In some states and regions, this change in America's racial and ethnic makeup is most obvious.
Because everyone has a unique perspective on everything, it is crucial to respect the opinions of all people, including those who do not belong to the majority, minority, or even just one single guy. Some people are upbeat, therefore depending on the situation, they may be in the majority or minority.
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Legislators who focus on local spending projects for their own district typically show a lack of sufficient concern for.
Legislators who focus on local spending projects for their own district typically show a lack of sufficient concern for spending in the interest of the nation as a whole.
Who are legislators?A legislator is defined by the federal tax code as a member or employee of a legislative body or a public servant who may take part in the creation of legislation.
Members of municipal, state, federal, and international legislative bodies are examples of legislators (e.g. City Council members, County Commissioners, members of the state and federal House of Representatives and Senate, and members of the British Parliament).Members of Congress staff.Other government workers who are involved in the creation of legislation (such as an executive branch or administrative officials or staff), but only when the main goal of your communications with them is to influence legislation.The general public while casting a ballot for a measure (e.g. bond measures, ballot initiatives, referenda, constitutional amendments).Learn more about legislation with the help of the given link:
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All else equal, if the required reserve ratio falls: a $1 loan can lead to a smaller change in the money supply than before the change in the required reserve ratio. the money multiplier decreases. the money multiplier increases. the amount of excess reserves also falls.
All else equal, if the required reserve ratio falls the money multiplier increases.
Required Reserve RatioThe amount of each deposited dollar that a bank is required to hold in reserve with the Fed is known as the necessarily required reserve ratio. Banks are permitted to allocate higher percentages of incoming deposits to Excess Reserves rather than Required Reserves if this number falls, which will increase the rate of loan growth.Banks lend money to clients based on a portion of the available cash. In return for this power, the government imposes one condition on them: they must maintain a specific level of deposits to cover potential withdrawals. The reserve requirement is the amount that banks must reserve and above which they are not permitted to provide loans.To learn more about Required Reserve Ratio refer to:
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Niren Co. made modifications to a manufacturing machine that increased its productivity by 40%. Niren would classify this expense as a(n):
Niren would classify this expense as a Capital Expense.
The book value of this van at the end of the second year would be ($25000 - $4000 - $4000)
$ 17000.
Capital spending, or capital spending, is the money an organization or company spends to buy, maintain, or improve fixed assets such as buildings, vehicles, equipment, and land.
Capital spending is the issuance of money, the use of collateral, and the purchase of new assets, the strengthening of existing assets, in the hope that a company will make a profit of one tax year or more. Occurs when you are in debt. Simply put, it represents an investment in a business.
Capital spending, also known as capital spending, includes the purchase of new equipment, machinery, land, factories, buildings or warehouses, furniture and fixtures, commercial vehicles and other items. , Software, or intangible assets such as patents and licenses.
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An increase in incomes of the countries that purchase u.s.-made products will cause a(n) _____ in the _____ u.s.-made products.
An increase in incomes of the countries that purchase u.s.-made products will cause an increase in the short-run aggregate supply for u.s.-made products.
In economics, combination supply or home's very last supply is the entire supply of products and services that firms in a countrywide economic system plan on selling at some point in a particular term. it's far the overall quantity of products and offerings that firms are inclined and able to sell at a given fee level in an economy.
Aggregate supply is the entire amount of output firms will produce and sell in other words, the real GDP. The upward-sloping mixture supply curve additionally known as the short run combination supply curve shows the fine courting between charge degree and real GDP inside the brief run.
Aggregate delivery is the connection between the fee stage and the manufacturing of the economy. In the quick run, the combination delivered is graphed as an upward sloping curve. the quick-run aggregate delivers equation is Y=Y∗+α(P−Pe).
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In the following question you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product X upon (1) the demand (D) for, or supply (S) of, X; (2) the equilibrium price (P) of X; and (3) the equilibrium quantity (Q) of X. A reduction in the number of firms producing X will
An increase in the cost of production would shift the supply curve to the left implying lower quantity and higher price with the demand curve remaining as it is; decrease in S, decrease in Q and increase in P.
Conversely, if a firm faces better expenses for production, then it'll earn decreased profits at any given selling rate for its merchandise. As a result, a higher fee for manufacturing commonly reasons a firm to supply a smaller quantity at any given price. In this case, the supply curve shifts to the left.
A boom in issue expenses has to lower the quantity providers will provide at any fee, moving the supply curve to the left. A reduction in factor expenses increases the amount providers will offer at any charge, shifting the delivery curve to the proper.
Reduced supply method that at each given price, the quantity furnished is lower, in order that the supply curve shifts to the left, from S0 to S1. increased supply means that at every given rate, the quantity provided is higher, so that the supply curve shifts to the right, from S0 to S2.
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After salesperson Danny O'Reilly has made a sale, he asks his customer if she knows of anyone else who might also be interested in buying his products. Referrals such as these are one method used in ________.
After salesperson Danny O'Reilly has made a sale, he asks his customer if she knows of anyone else who might also be interested in buying his products. Referrals such as these are one method used in Projecting. This is further explained below.
What is Projecting?Generally, A sales forecast is an estimate of how much money a firm intends to make in the future. Essentially, it's the same thing as predicting how much money will be made in the future.
In conclusion, Immediately after Danny O'Reilly closes a deal, he asks his consumer whether she knows anybody else who would be interested in purchasing his wares as well. Using references like this is a common technique in Projecting.
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Situation: C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bring their friends, C’est Wot gives first-time visitors buy-one-get-one meal vouchers for their next visit. This is an example of:
C’est Wot is a Quebecois-British fusion restaurant specializing in jellied eel poutine. To encourage customers to bring their friends, C’est Wot gives first-time visitors buy-one-get-one meal vouchers for their next visit. This is an example of: adding force.
What is an adding force in business?This is the term that is used to describe the way that a company is able to get consumers that would get to purchase and consume their products. It is a strategy that is used to facilitate increased consumer base.
The way this is seen here is that the business had to create a system that would bring them more people. To do this they had to create a way for people to come in pairs.
The first time visitors are given a voucher that would enable them to get free meals when they visit.
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Economists find elasticity useful because it:
Economists find elasticity useful because it: has no units attached to it and can be used to compare elasticity across different goods and countries.
Elasticity is a crucial financial degree, mainly for the sellers of products or services, because it shows how plenty of awesome or provider buyers devour when the fee changes. Whilst a product is elastic, an alternate in price speedy results in an alternate in the amount demanded.
The concept of elasticity for call for is of super significance for figuring out the expenses of different factors of manufacturing. Elements of manufacturing are paid in step with their elasticity of demand. In other words, if the demand of an aspect is inelastic, its charge can be high and if it is elastic, its charge may be low.
An instance of products with an elastic call for is patron durables. these are gadgets that are bought every now and then, like a washing system or an automobile, and can be postponed if the charge rises. For an instance, vehicle rebates were very a success in growing automobile sales by reducing fees.
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Ms. Jones, the CEO of First Bank, is hoping that her employees will buy into a new performance review system. Which of the following statements would be most likely to help Ms. Jones achieve buy-in
1- Ms. Jones, did not provide the options for the first question so you can choose the one, which is present in your drop-down menu like-
you could use either a conversational tone or a warm tone or little persuasion. any of the three are correct options so choose one which is present in your drop-down menu.
2-- Use a sensitive tone
- Provide evidence
- Describe the benefits and risks involved
3- Option 2nd We need this new performance system so that you will be rated fairly. Tell me what you think about the system. What's the best part of it in your mind?
4- Option 2nd encouragement to join a company-sponsored weight loss program.
5- Ms. Jones achieve buy-in a conversational tone conveys a caring attitude.
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Your question is incomplete. please read below to find the full content.
Ms. Jones, the CEO of First Bank, is hoping that her employees will buy into a new performance review system. Which of the following statements would be most likely to help Ms. Jones achieve that buy-in?
If you don't agree to use this new performance system, I'll be forced to reduce the wages of everyone in the company.
We need this new performance system so that you will be rated fairly. Tell me what you think about the system. What's the best part of it in your mind?
The new performance system starts on Tuesday of next week. Be prepared to use it.
Six companies in our industry have new performance systems. We need one too, and we're going to start using it today.
When purchasing a consumer item, the author emphasizes _______________ the most.
When purchasing a consumer item, the author emphasizes utility the most. Hence, the correct answer is utility. In economics, utility is used to model worth or value. Its usage has evolved significantly over time. Consumer tries to measure his pleasure it happiness on the item before purchasing such. Read below about utility.
What is utility?Utility is a term in economics that means to the total satisfaction or gain from consuming a good or service. Economic theories based on rational choice usually assume that consumers will strive to maximize their utility.
Therefore, the correct answer is as given above.
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Is evrything the consumer must surrender in order to recieve the benefits of theowningusing a product
Consumer cost is everything the consumer must surrender in order to receive the benefits of owning/using the product.
Customer cost includes the price of a product as well as the expenditures associated with its purchase, use, and aftercare. Purchase expenses are made up of the expenditures associated with product research, information collecting, and information acquisition.
The price of a product is only a small portion of its overall cost to the consumer. The additional costs of delivery, use, and ultimately disposal of the goods fall on the consumer. The overall consumer cost is the sum of these expenses (TCC).
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What is the total amount to be budgeted in pounds for direct materials to be purchased for the month?
38,880 is the total amount to be budgeted in pounds for direct materials to be purchased for the month
Option 3 - 38,880.
Production estimation purchased for the month : 870 boxes.
Each box requires 44 pounds of clay mix and a quarter hour of direct labor.
The company has 3900 pounds of clay mix in the beginning inventory and wants to have 4500 pounds in the ending inventory.
The formula for the computation of the purchase is :
Purchase in units = Usage + Desired to end material inventory units - Beginning inventory units.
So, the total amount to be budgeted in pounds for direct materials to be purchased for the month :
(870) (44) + 4500 - 3900 = 38880
Direct material budget
When the level of production has been computed, a direct material budget should be constructed to show how much material will be required for production and how much material must be purchased to meet this production requirement. The purchase will depend on both the expected use of materials and inventory levels. The direct material budget is usually accompanied by a computation of expected cash payments for materials.
The purpose of the direct materials budget is to determine the number of raw materials to be purchased each period to fulfill the production needs and to provide for adequate inventories.
Disclaimer: The question was incomplete. Please find the full content below.
Question
What is the total amount to be budgeted in pounds for direct materials to be purchased for the month?
38,280
37,680
38,880
40,200
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A British grocery chain uses previously obtained U.S. dollars to purchase apples from the United States. This transaction
A British grocery chain uses previously obtained U.S. dollars to purchase apples from the United States. This transaction increases British net capital outflow and increases U.S. net exports. This is further explained below.
What is a grocery chain?Generally, Fresh or packaged food is sold at grocery stores, which are sometimes known as "grocery shops" (AE), "grocery stores" (BE), or simply "grocery" (AE).
In conclusion, Apples from the U.S. are purchased by a British supermarket chain using U.S. money that was previously purchased. This deal raises net capital outflow from the United Kingdom and boosts net exports from the United States.
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What are some factors that financial managers consider when choosing the maturity structure of their debt?
Some factors that financial managers consider when choosing the maturity structure of their debt are-
The required sum.capital is needed for what kind of spending.Duration of time during which money is needed.Size, standing, and potential for corporate expansion.present gearing of the business.Cost of the funding source.The link between short-term and long-term debt, where long-term debt is defined as debt with a maturity of more than one year, and short-term debt, is known as the debt maturity structure. Debts are debts with a 12-month maturity date. The length of time and frequency of principal and interest payments are referred to as the debt structure.
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