Differences between business plan and business model canvas
What will be an ideal response?
Ans: business plan is many pages business model canvas is one page
You might also like to view...
In a statement of cash flows using the direct method, which of the following would increase reported cash flows from operating activities?
a. Dividends received from investments b. Gain on sale of equipment c. Gain on sale of a business segment d. Sale of treasury stock
Research-based criteria for deciding what information to include in an RJP include all of the following EXCEPT:
A. it is a reason that leads newcomers to quit. B. it is widely known outside the organization. C. it is important to most recruits. D. it is related to successful job performance after being hired.
Parties to international ventures often agree to arbitrate their disputes in neutral countries
Indicate whether the statement is true or false
Robnett Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company's only product is as follows:InputsStandard Quantityor HoursStandard Price or RateStandard CostDirect materials3.8liters$6.50per liter$24.70Direct labor0.60hours$18.00per hour 10.80Fixed manufacturing overhead0.60hours$18.50per hour 11.10Total standard cost per unit $46.60During the year, the company completed the following transactions:a. Purchased 106,900 liters of raw material at a price of $6.80 per liter.b. Used 93,760 liters of the raw material to produce 24,700 units of
work in process.Assume that all transactions are recorded on the below worksheet, which is similar to the worksheet shown in your text except that it has been divided into two parts so that it fits on one page. The beginning balances in each of the accounts have been given. PP&E (net) stands for Property, Plant, and Equipment net of depreciation.?CashRaw MaterialsWork in ProcessFinished GoodsPP&E (net)?1/1$1,110,000$54,340$0$60,580$616,800=a.?????=b.?????=?Materials Price VarianceMaterials Quantity VarianceLabor Rate VarianceLabor Efficiency VarianceFOH Budget VarianceFOH Volume VarianceRetained Earnings1/1$0$0$0$0$0$0$1,841,720a.???????b.???????When recording the raw materials purchases in transaction (a) above, the Raw Materials inventory account will increase (decrease) by: A. $726,920 B. $694,850 C. ($726,920) D. ($694,850)