All categories

10 months ago

Which primary management responsibility includes the process of creating budgets?

Business

1 answer:

sladkih [1.3K]10 months ago

8 0

Planning is the primary management responsibility which includes the process of creating budgets.

Planning provides a framework for a businesses financial objectives typically for the next three to five years. Thus, budgeting details how the plan will be carried out month to month and covers items such as expenses, revenue, expenses, potential cash flow and debt reduction.

A budget helps create financial stability. So by tracking expenses and following a plan, a budget can make it easier to pay bills on time, build an emergency fund, and save for major expenses etc.

Hence, a budget planning puts a person on stronger financial footing for both the day-to-day and the long term.

To learn more about budget here:

brainly.com/question/18803390

#SPJ4

You might be interested in

__________ and ________ are stimulus preference assessment methods, while ________ and __________ are reinforcer assessment meth

jekas [21]

Answer:

The correct answer is A. Free-operant, trial-based; concurrent schedules, multiple schedules

The correct full sentence is:

Free operant and trial-based are stimulus preference assessment methods, while concurrent schedules and multiple schedules are reinforcer assessment methods.

7 0

2 years ago

March 1, 2017, Alpha Company's beginning work in process inventory had 8,000 units. This is its only production department. Begi

Nikolay [14]

Answer:see attached file

Explanation:

4 0

3 years ago

Read 2 more answers

Amy convenes a meeting to rethink the organizational structure to avoid being beat to the market by a competitor again. Based on

Natalija [7]

Amy should reduce hierarchy if she wants to avoid being beaten by competitors.

A reduction of hierarchy will realign the company to achieve its goals faster than operating with a formalized hierarchy. This restructuring or delayering is known as empowerment.

The advantages that Amy will achieve by delayering or reducing hierarchy include:

Simplifying the organization's management structures
Reducing its bureaucracy
Cutting its communication paths
Speeding up decision-making
Pushing responsibility down to lower organizational levels (through empowerment).

Thus, Amy should rethink the organizational structure by reducing the hierarchy, making the decision-making process accessible.

Learn more: brainly.com/question/10849707

6 0

2 years ago

Luis follows a lot of news sources in his industry. He subscribes to several blogs written by industry experts, and updates are

bekas [8.4K]

Answer:

Group of choices:

a. Media sharing

b. Blog

c. Content aggregator

d. Mass media

The correct answer is c. Content aggregator .

Explanation:

Feedly is considered to be a content aggregator site because all of its information is derived from external sources. In a broader sense, content aggregators are tools that allow information to be collected in order to locate it in a specific place. One of the advantages is that it allows having the information in the same place, which saves time for those who are interested in the same or similar topics.

3 0

2 years ago

Which of the following allows the insurer to relieve a minor insured from premium payments if the minor's parents have died or b

loris [4]

Answer:

The correct answer is a) Payor Benefit

Explanation:

When the payor dies or becomes disabled, the insurer will suspend the premiums until the child reaches 19 years old, the child must be under age 18, or up to age 19 and still attending high school. Usually, the payor is a parent (father, mother, brothers).

4 0

2 years ago