Budget figures and budget estimates developed through a _____________ process usually are more useful. Without active employee involvement in preparing budget figures, there is a risk these employees will feel that the numbers fail to reflect their special problems and needs.
Fill in the blank(s) with the appropriate word(s).
Ans: bottom-up
Business
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The flexible budget will report ________ for the fixed costs.
A) $50,500 B) $49,500 Favorable C) $49,500 D) $1,000 Unfavorable
Business
A share development index of 40 means that the business or product has only obtained 40 percent of its share potential
Indicate whether the statement is true or false
Business