Which of the following statement(s) is/are true with respect to ‘discretionary expense centers’?
I. The output of a discretionary expense center cannot be directly used to produce revenues.
II. Budgets for discretionary expense centers are developed only in terms of maximum resources that can be consumed by them in a particular period.
III.For assessing the budgetary performance, the expense constraints are established at the discretion of the manager.
(a) Only (I) above
(b) Only (III) above
(c) Both (I) and (II) above
(d) Both (II) and (III) above
(e) All (I), (II) and (III) above.
Billy purchased a certificate of deposit 7 years ago for $1.000. Today the certificate of deposit is worth $2,000 What is the average annual compound rate of return, assu...Apr 14 2020
Forces with magnitude of 125 newtons and 300 newtons act on a hook. the angle between the two forces is 45 degrees. find the direction and magnitude of the resultant of t...Apr 25 2020
Graph the functions 8n, 4nlogn, 2n2, n3, and 2n using a logarithmic scale for the x- and y-axes; that is, if the function value ƒ(n) is y, plot this as a point with x-coo...Jun 13 2020
Beta Graphics, Inc., has the following data:Requirement1. Perform a vertical analysis of Beta’s balance sheet for eachyear. View Solution: Beta Graphics Inc has the fol...May 22 2020
A company produces only one product. Normal capacity is 0000 units per year and the unit sales price is Rs.5 relevant costs are:Unit variable cost Total f...May 08 2018
Charleswood Musical Theatre s season begins in November and ends in April, with a different play each month. In October 2017, Charleswood sold 100 season tickets for the ...May 22 2020
Determine the gambler's ruin probability for Player A when both players begin with $50, bet $1 on each play, and where the win probability for Player A in each game i...Aug 04 2020
The percentage of homosexuals in the U.S. population is best described as:A) unknown.B) nearly 15%.C) less than 2%.D) declining slowly.32) The label "Hispanic" is best de...Jan 24 2020
Let X and Y be jointly distributed random variables and B an arbitrary set. Fill in the details that justify the inequalityAug 04 2020
A lecture hall at NC State has 200 seats with fold-down writing pedestals, 30 of which are designed for left-handers. An Intro. to Economics class with 188 students meets...Apr 19 2020
Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.