Home / Questions / Which of the following statement(s) is/are true with respect to ‘discretionary expense cen
Which of the following statement(s) is/are true with respect to ‘discretionary expense centers’?
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. |
Dec 07 2017 View more View Less
Modern Auto (MA), an automobile parts supplier, has made an offer to acquire Sky Systems (SS), creator of software for the airline industry, The offer is to pay Sky Syste...
Jul 02 2021You're considering purchasing an airplane for $162,257. You expect to pay an immediate down-payment of $32,928, and finance the difference (via borrowing from a bank). Yo...
Apr 30 2021ABC's return on equity (net income / shareholders equity) was very poor last year, but management has come up with a plan to improve things. The new plan calls for a debt...
May 10 2021How to approximate , n=4 using Midpoint's rule?
Jul 09 2021How many milliliters of 0.0850 M NaOH are required to titrate each of the following solutions to the equivalence point: (a) 40.0 mL of 0.0900 M HNO3(b) 35.0 mL of 0.0850 ...
Aug 23 2021At all points along an individual's demand curve for a good:a. only the price of the good is held constantb. the price of the good varies but the quantity demanded is hel...
May 09 2021Explain how a market with negative externality generates inefficiency and how the government can correct it
Jul 12 2021Pam Corporation has an 80 percent interest in Sun Corporation, its only subsidiary. The 80 percent interest was acquired on July 1, 2016, for $800, at which time Sun s eq...
Apr 18 2020At May 31, 2017, the accounts of Kuhlmann Manufacturing Company show the following1 May 1 inventories—finished goods $12,600, work in process $14,700, and raw materials...
Mar 23 2020Part b and e are incorrect6.0 Calculate the average manufacturing period and the average storage period.We know the following data of the company Perfilados, S.A:It bough...
Aug 12 2020