There are at least five benefits from budgeting. Identify two of these benefits:(1) ________(2) ________

What will be an ideal response?


promotes analysis and focus on the future; a basis for performance evaluation; motivation of employees; coordination of business activities; communication device

Any two of the above five answers are acceptable solutions

Business

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Pepsi creates an advertisement suggesting it sponsors the U.S. Olympic basketball team by showing a basketball game in a commercial. This is a form of:

A) stealth marketing B) direct ambush marketing C) incidental ambush marketing D) indirect ambush marketing

Business

A survey of an entire population is called

A. population analysis. B. population survey. C. census. D. target population survey.

Business

When the effective interest method of amortization is used for a bond premium, the amount of interest expense for an interest period is calculated by multiplying the

a. carrying value of the bonds at the beginning of the period by the face interest rate. b. face value of the bonds at the beginning of the period by the effective interest rate. c. carrying value of the bonds at the beginning of the period by the effective interest rate. d. face value of the bonds at the beginning of the period by the face interest rate.

Business

In the traditional approach to managing contracted relationships, ________ project contracting is normal.

Fill in the blank(s) with the appropriate word(s).

Business