The Chief Executive is planning to change the current organizational structure to a team-based structure with permanent teams. Specify the type of structure that the Chief Executive is planning to change to. [Explanation is not required] Use the editor to format your answer
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The Chief Executive is planning to change the current organizational structure to a team-based structure with permanent teams.
The type of structure that the Chief Executive is planning to change to is a "team-based structure." In this structure, the organization is divided into teams that have a degree of autonomy and are responsible for specific tasks or projects. These teams often have permanent members who work together on an ongoing basis. This type of structure promotes collaboration, communication, and shared decision-making among team members. It can enhance employee engagement, creativity, and productivity by fostering a sense of ownership and accountability within the teams.
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Related Questions
Impotence of public companies in South Africa
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As publicly traded entities, companies in South Africa are subject to strict regulations, including disclosure requirements and corporate governance standards.
Public companies have a duty to act in the best interests of their shareholders and to ensure that their financial statements are accurate and transparent. They are also subject to oversight by regulatory bodies such as the Johannesburg Stock Exchange and the Financial Sector Conduct Authority. Additionally, public companies have access to a broader pool of investors and capital, which can enable them to grow and expand more quickly. However, the increased scrutiny and regulatory burden can also make it more challenging for public companies to operate, and the pressure to meet shareholder expectations can sometimes come at the expense of other stakeholders.
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A corporate culture is defined as the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments. (T/F)
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True. Corporate culture can be defined as the set of shared, taken-for-granted implicit assumptions that a group holds and that determines how it perceives, thinks about, and reacts to its various environments.
It is the shared values, beliefs, and practices that shape the way a company operates and interacts with its employees, customers, and other stakeholders.
Corporate culture is the personality of a company, it is the way things are done within the organization and it influences the behavior of the employees. It is a combination of the company's values, beliefs, traditions, customs, practices, and social behavior.
It is often described as the "glue" that holds an organization together, providing a sense of direction and a framework for decision-making.
The corporate culture can have a significant impact on the success or failure of a company. A positive corporate culture can lead to increased employee satisfaction, improved performance, and better customer service.
On the other hand, a negative corporate culture can lead to low morale, high turnover, and poor performance.
Some common elements of a corporate culture include the company's mission and vision, leadership style, communication, and decision-making processes, and the overall work environment.
It is important to note that corporate culture is not something that can be changed overnight, it is a gradual process that requires buy-in from all levels of the organization.
It is also important to understand that corporate culture can vary greatly from one company to another, even within the same industry.
As such, it is important for companies to be aware of their own corporate culture, and to strive to create one that is aligned with their overall business goals and objectives.
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Who handles general ledger?
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The general ledger is handled by the accounting team or professionals.
The general ledger is an important part of any business. It's the central record of all financial transactions, from payroll and revenue to expenses and liabilities.
The general ledger is managed and maintained by an accounting professional, such as a bookkeeper, accountant, or financial analyst. They ensure all transactions are properly recorded and reported in accordance with established accounting standards.
With the help of the general ledger, businesses can easily identify and analyze financial trends, track the performance of their operations, and make informed decisions about the future.
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Describe the population distribution in Guyana
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More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
When The U.S. Government Engages In Deficit Spending, That Spending Is Primarily Financed By A. Issuing New Bonds B. Borrowing Money From Foreign Governments C. Increasing The Required Reserve Ratio D. Buying Bonds From U.S. Banks And The Public
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The primary source of funding for the U.S. government's deficit spending is borrowing money from other nations.
How is deficit spending funded by the government?When a government spends more on transfers, goods, or services than it collects in taxes, there is a budget deficit. The national debt increases every time a government borrows money to make up for budget gaps.
What are the funding sources for the deficit?Some economists have completely given up on the idea of a balanced budget because they believe it to be an unsuitable standard for determining public policy. However, government inefficiency may also contribute to deficit financing, reflecting widespread tax avoidance or inefficient spending rather than the implementation of a deliberate countercyclical policy.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
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Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
What is not an example of an alteration in the magnitude of risk, or addition of a previously unidentified risk of harm to an individual with a physical disability in the context of research?
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It is not an example of a change in the level of risk, or the addition of a previously unknown danger of harm to an individual with a physical handicap in the context of research when a researcher and a blind person are needed to navigate a busy facility that is unfamiliar to both of them.
The likelihood that anything negative may occur is known as danger (also risk or peril). Dangerous, risky, or perilous situations are those in which there is a chance that something negative will occur. People frequently take risks or do things that could harm them, like train surfing in Soweto, South Africa. Crossing the street without paying close attention is one illustration of this. You run the chance of being struck by a moving vehicle. Dangerous can be used to something that raises the possibility of harm to oneself or others. Smoking poses a health risk. It can be risky to be around certain animals because they could harm people.
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other things constant, how will an increase in the wages of teenagers affect the market for fast food hamburgers?
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With all else remaining constant, a rise in teens' income will have an impact on the market for fast food hamburgers by increasing the supply and lowering the cost of hamburgers.
How does the pricing change when the supply increases?While all other factors remain constant, an increase in supply will cause the equilibrium price to fall while increasing the amount required. Due to a decrease in supply, the amount sought will decrease, raising the equilibrium price.
When demand is constant, the connection between prices and supply for products and services is inverse. When the supply of those goods and services increases while the demand for those goods and services remains constant, prices frequently decline to a lower equilibrium price and a larger equilibrium quantity of those products and services.
When the cost is reduced, what happens to supply?A price increase almost invariably leads to the delivery of more of that good or service, whereas a price decrease typically results in the delivery of less of it.
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when colgate-palmolive and unilever take a successful product that they marketed in one part of the world and market it elsewhere, they are following a market development strategy (according to ansoff's product-market matrix).
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Yes, that is correct. According to Ansoff's Product-Market Matrix, a market development strategy involves introducing existing products into new markets.
When Colgate-Palmolive and Unilever take a successful product that they marketed in one part of the world and introduce it into a new market, they are following a market development strategy. This strategy allows them to expand their customer base and increase sales without having to create new products.
By leveraging their successful product in a new market, they can benefit from economies of scale, increased purchasing power, and other efficiencies that come with greater volume.
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We can probably never eliminate poverty completely. However, our text concludes that there are common ways to help avoid poverty. All of the following are listed as a common factor in reducing a person's chances to become poor, EXCEPT:
Group of answer choices
Become a home owner
Live a healthy lifestyle
Learn a trade
Invest wisely (diversify)
Answers
The following are common ways to help avoid poverty except becoming a homeowner. A person can invest wisely, learn a trade, and live a healthy lifestyle to avoid poverty.So correct answer is B,C,D
We can probably never eliminate poverty completely. However, our text concludes that there are common ways to help avoid poverty. Some of these common factors include investing wisely, learning a trade, and living a healthy lifestyle. For example, investing wisely can help an individual build a better financial future, while learning a trade can lead to a steady job and financial stability. Living a healthy lifestyle can also help a person avoid the financial strain of medical bills and lost wages. However, becoming a homeowner is not listed as a common factor in reducing a person's chances of becoming poor.
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In Figure 4.8, how has demand for baseball cards
changed at each of these prices: $20, $30, and $40?
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As per the law of demand in economics, as price of the commodity increases the quantity demanded decreases and vice versa.
What is economics?Economics is a social science that aims to understand and describe how wealth is produced, distributed, and consumed. In the 19th century, economists wrote about economic policy but were infrequently consulted by lawmakers before choices were made.
Nowadays, it is rare to find a government, an international organization, or a sizable commercial bank without a staff of economists. The Wealth of Nations is primarily a work about economic progress and the laws that can either help or hurt it, as the title suggests.
The book provides a practical refutation of the mercantilists' protectionist ideologies as well as an argument in favor of free trade. Instead, they were the pastime of gentlemen of leisure and the profession of a select few academics.
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Your best friend, Linda is upgrading her current house and is planning to get married in 4 months time. Linda has a budget of $25,000.00 for the upgrade and $20,000.00 for the wedding but she is very busy. She asked you to help develop budget plans for these projects - upgrading her house and her wedding. She wants a beach wedding with 30 guests and contemporary upgrades for the home. – 1. First, help Linda to identify some of the cost items that she must consider in coming up with a cost estimate for her wedding project. You will need to describe the scope for this project and develop a work. breakdown structure (WBS) that identifies the activities involved.
- Using the information discussed in class regarding the integrated budget planning technique, develop an integrated budget plan for this wedding showing the interrelatedness between project scope, schedule and costs. You need to design a realistic budget integration plan, which I will collect in order to facilitate grading of this assignment. 2. Describe 2 cost estimating methods that Linda could use in determining the budget for the upgrade of her house. Explain to Linda the advantages and disadvantages of both methods. 3. Describe three cost control techniques Linda could use in both of these projects.
Answers
1. First, help Linda to identify some of the cost items that she must consider in coming up with a cost estimate for her wedding project. You will need to describe the scope for this project and develop a work breakdown structure (WBS) that identifies the activities involved.
The following are some cost items that Linda must consider while developing cost estimates for her wedding project:
Suits and gowns for bride and groom and bridal party
Music and entertainment
Catering and drinks
Wedding invitations and souvenirs
Decorations and flowers
Transportation of the wedding party and guests
Photography and videography
Renting of a venue or equipment
Rehearsal dinner and other small expenses
The scope of the project involves a beach wedding with 30 guests. The work breakdown structure is as follows:
Develop a guest list
Choose a wedding date and venue
Hire caterers, entertainment, and vendors for the wedding ceremony and reception
Order wedding invitations, souvenirs, and other materials
Decorate the venue in the chosen theme
Hire transportation services
Arrange for wedding photography and videography
Budget for rehearsal dinner and small expenses
2. Describe 2 cost-estimating methods that Linda could use in determining the budget for the upgrade of her house. Explain to Linda the advantages and disadvantages of both methods.
Two cost-estimating methods that Linda could use in determining the budget for the upgrade of her house are:
Analogous Estimating
Parametric Estimating
The advantages of analogous estimating are:
It requires less time, resources and expertise.
It is useful when there is limited information on the project.
The disadvantage of analogous estimating is that it may lead to an inaccurate estimate if the project data used is not reliable or if there are too many variables.
Parametric estimating advantages are:
It uses statistical data, which is more reliable.
It is quicker and more accurate because it uses historical data.
The disadvantage of parametric estimating is that the statistical data used may not be reliable if the project being estimated is unique and different from previous ones.
3. Describe three cost control techniques Linda could use in both of these projects.
Three cost control techniques Linda could use in both of these projects are:
Budgeting cost control, where the actual cost is compared to the budgeted cost, and the difference is analyzed.
Variance analysis cost control, where any significant deviations from the planned costs are analyzed and corrective measures taken.
Reserve analysis cost control, where a reserve amount is set aside to handle any unforeseen expenses or changes in the project plan.
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Why are wages and salaries generally determined by the market for labor?
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According to maximum economics textbooks, our wages and salaries are decided similar to another price: with the aid of using deliver and call for. People deliver their labor, and organizations call for it, growing a marketplace for labor.
Many dealers and shoppers of exertions services. Consequently, salary and salaries are decided by the intersection of the call for exertions and the deliver for exertions. A curve displaying the one-of-a-kind portions of exertions employers are inclined to lease at one-of-a-kind salary quotes in a given time period, ceteris paribus.
Wages are determined via way of means of deliver and demand, however they may be encouraged via way of means of an extensive kind of factors, along with the price of dwelling in a selected area, the presence of a union and the present-day minimal wage.
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Enter your gross pay, taxes, and deductions below. Press calculate when you’re ready.
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Answer:
what are we supposed to be answering
If the economy is experiencing high rates of inflation due to a new housing bubble, what effects would an expansionary monetary policy have on the economy?.
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An expansionary monetary policy would reduce inflation and increase unemployment in the economy.
What is a monetary policy?The goal of monetary policy is to ensure price stability and public confidence in the strength and stability of the country's currency. It is the strategy used by the monetary authority of a country to control either the interest rate payable for very short-term borrowing (banks borrowing from one another to meet their short-term needs) or the money supply. The stability of the gross domestic product, achieving and maintaining low unemployment, and maintaining stable exchange rates with foreign currencies are typically additional goals of monetary policy. The formulation of the best monetary policy can be aided by knowledge of monetary economics. In developed nations, monetary and fiscal policies are typically developed independently.
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1. Which of the following is an example of an economic policy in action?
a.) a local school district cutting property taxes, leaving more money in the hands of homeowners
b.) the amount of money in circulation in an economy
c.) the requirement by the Federal Reserve that banks have a certain amount of cash stored
d.) the interest rate the Federal Reserve charges banks for borrowing money
2.) What is a benefit for a government to issue stimulus checks to its citizens?
a.) The money in the Federal Reserve will be emptied, which causes the economy to reset and then begin to increase at a very fast rate.
b.) Basic needs can be paid for and even some consumer spending can occur, thus stimulating the economy.
c.) A country can transition from a "developing" country to a "developed" country.
d.) All spending will cease, thus, making the economy expand and develop further.
Answers
1. An example of economic policy in action is the interest rate the Federal Reserve charges banks for borrowing money. The correct answer is option D.
2. A benefit for a government to issue stimulus checks to its citizens is for paying basic needs and even some consumer spending can occur, thus stimulating the economy. The correct option is D.
Economic policies encompass all decisions made by the government concerning taxation, redistribution, and the availability of money.
Stimulus checks are direct government payments made to individuals during times of economic difficulty. They are intended to increase consumer confidence and spending by going to taxpayers, who will then use them to stimulate revenue at merchants and manufacturers. As such, they are intended to stimulate the economy.
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Which of the following will probably happen to a product when demand is low?
A. The price will go up.
B. The price will go down.
C. The price will stay the same.
D. The price will change based on inflation.
Answers
Answer:
Answer = B
Explanation:
If nit many people want a product the seller would lower the price to make it seem like a bargain or make it more affordable
What is the primary advantage to the policyowner in the reinstatement of a life insurance policy?
Answers
The initial premium as well as the benefits offered in the original policy are still available to the policyowner.
Policy is a predetermined set of rules designed to steer decisions and achieve rational outcomes. A policy is a proclamation of intent that is put into action through a procedure or routine. Policies are frequently adopted by a governing body inside an institution. Policies can help both irrational and logical decision-making.
Policies employed in subjective decision-making often assist senior management with decisions that must be made on the relative merits of a range of factors, and as a result, are frequently difficult to objectively analyze. Policies are also implemented by governments and other organizations in the form of laws, regulations, guidelines, administrative processes, financial incentives, and voluntary practices.
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Gidgits Galore has borrowed $10,000 to buy new shelves to display its millennial version of the gidgit. The bank negotiated the use 1,000 gidgits as
collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters. The bank is an
unsecured creditor.
O True
O False
Answers
Answer:
False. The bank is NOT an unsecured creditor.
Explanation:
An unsecured creditor can be described as an individual or institution that lends money without requiring the borrower to put up any assets as collateral.
Financing Statement is a statement that a creditor files to notify interested parties that he has a security interest in a personal property of a debtor. The personal property is therefore held as collateral in a secured transaction, such as a loan or a lease.
Since the bank negotiated the use 1,000 gidgits as collateral and then filed a UCC-1 Financing Statement with the Register of Deeds where Gidgits Galore has its headquarters, it implies that the bank is a secured creditor.
Therefore, the bank is NOT an unsecured creditor.
Shuri is revamping her company to clarify the chains of command, the tasks assigned to each worker, the official policies and procedures, and her expectations for cooperation and teamwork. Shuri is:.
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By reshaping her company to clarify the chains of command, the tasks assigned to each worker, the policies and procedures according to her expectations of cooperation, Shuri is increasing organizational synergy.
Importance of synergyIn an organization, synergy corresponds to simultaneous efforts, that is, cooperation that will lead to the integration of employees and organizational goals and objectives.
Therefore, by increasing synergy, Shuri aims to integrate organizational resources with the workforce, increasing cooperation, communication and organizational culture, focused on development and continuous improvement.
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Production industries make up approximately what percentage of all small businesses?
Answers
Production industries make up approximately 19 percentage of all small businesses.
What is meant by small businesses?This is the term that is sued to refer to the business ventures such as the private buinesses, partnerships, joint ventures and sole proprietorships that have very few employees and are known to make really less revenue monthly or at the end of a period.
It has been statistically shown that Production industries make up approximately 19 percentage of all small businesses.
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a small network is bigger than a large network.
Answers
Answer:
false
Explanation:
From a business standpoint, I can say that this statement is false. A larger network is bigger and more efficient because it generates more leads and opens more opportunities. By having a larger network you connect with individual's who are know others that may not be in your network and may be strategically positioned to provide you with information, help or even opportunities that you would not have had if your network was small.
Uncertainty Avoidance Index (UAI)
- The Uncertainty Avoidance Index measures the tolerance of uncertainty and ambiguity among members of a society.
- High UAI cultures are highly intolerant of ambiguity, experience anxiety and stress, accord a high level of authority to rules as a means of avoiding risk.
- Low UAI cultures are associated with a low level of anxiety and stress, a tolerance of deviance and dissent, and a willingness to take risks
Answers
The Uncertainty Avoidance Index (UAI) is a tool used to gauge how well a society's citizens can endure ambiguity and uncertainty.
A great dislike of ambiguity and a limited tolerance for unclear or unpredictable events are characteristics of high UAI cultures. When presented with unclear conditions, people in these cultures frequently experience stress and worry. High UAI societies typically rely largely on established laws, rules, and customs to limit risk and lessen uncertainty. High levels of respect and obedience are shown to those in positions of authority. Low UAI cultures, on the other hand, are more tolerant of ambiguity and tolerant of deviation and dissent. People in these societies are typically less fearful and more willing to take chances, embracing.
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True or false, etiquete is a term for general rules of social behavior
Answers
Answer:
The statement etiquette is a term for general rules of social behavior is true
Explanation:
Etiquette are the rules symbolizing the personal behavior in our society. The anticipated and appropriate social acts that are in accordance with the customs and norms followed by a community, a social strata, or an ethnic group typically take the shape of an ethical code.
Therefore, etiquette is a term for general rules of social behavior is true
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Ahkem is considering buying a new car. He has narrowed his choices down to two models. On a sheet of paper, he begins writing down the positive characteristics of each car and the negative characteristics of each car. He will be using this list to help guide his final decision. In this example, Ahkem is using __________. automatic thinking illogical thinking self-fulfilling thinking controlled thinking
Answers
Ahkem is using a controlled thinking when he wrote down the characteristics of each car to help guide his final decision.
What is a controlled thinking?A controlled thinking refers to a kind of thinking process that is slow and sequential which requires effortful attention.
Hence, the controlled thinking is used by him because It allows to reason effectively and come to general conclusion.
Therefore, the Option E is correct.
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why do dogs twirl before the sleep?
Answers
Answer:
Turning around before bedtime has its origin mostly in evolutionary history where dog ancestors were practicing these habits for health or protection. These innate habits remain in their genetic code to this day, but if your dog is seeming to be doing it excessively, it could be a sign of underlying medical problems, such as arthritis or neurological disorders.
Explanation: i hope this answer your question
two difference between purchasing shares on the stock market and saving in a commercial bank
Answers
The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies , and also helping them issue IPOs , while commercial banks primarily deal with deposits or loans for companies or individuals .
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Commercial banks accept deposits, make loans, protect assets, and serve a wide range of customers, including the general public and businesses. In contrast, investment banks serve large corporations and institutional investors.
What commercial bank means?A commercial bank is a financial institution that accepts deposits from customers and provides loans and other services. Commercial banks offer basic banking services to their customers as well as small and medium-sized businesses.
One of the primary functions of an investment bank is to act as a go-between for corporations and investors via initial public offerings (IPOs). When a company decides to go public and seeks equity funding, investment banks offer underwriting services for new stock issues.
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who is the father of accounting
Answers
Answer:
Luca PacioliExplanation:
He first described the system of double-entry bookkeepingn 1494
Answer:
Luca Pacioli is regarded as the Father of Accounting.
Explanation:
What best describes the main purpose of a budget
Answers
Explanation:
A budget helps create financial stability. By tracking expenses and following a plan, a budget makes it easier to pay bills on time, build an emergency fund, and save for major expenses such as a car or home. Overall, a budget puts a person on stronger financial footing for both the day-to-day and the long term.
A budget is prepared as part of a(n) _____ plan.
Answers
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!