Managers may be more willing to accept a budget if
a. it is continuous.
b. it is imposed.
c. it is very hard to attain.
d. they can participate in its development.
D
You might also like to view...
Compute cost of goods sold.
Franklin Manufacturing provided the following information for the month ended March 31:
A) $19,600
B) $18,100
C) $21,100
D) $29,100
How did the Supreme Court ruling in the Susan Kelo et al., Petitioners, v. City of New London, Connecticut, et al. (Kelo) case influence the government's ability to exercise eminent domain?
What will be an ideal response?
One of the most commonly used pricing tactics, markup pricing, is also referred to as
A. profit-plus pricing. B. dynamic pricing. C. standard pricing. D. cost-plus pricing. E. profit margin pricing.
In accordance with restrictive debt covenants, Maynard Company appropriated $20,000 of retained earnings. Which of the following entries would be required to recognize this appropriation?
A.
| Appropriated retained earnings | 20,000 | |
| Cash | 20,000 |
B.
| Retained earnings | 20,000 | |
| Appropriated retained earnings | 20,000 |
C.
| Appropriated retained earnings | 20,000 | |
| Retained earnings | 20,000 |
D. No entry would be required.