An increasing number of companies are abandoning the annual plan or budget in favor of rolling forecasts. True False
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An increasing number of companies are abandoning the annual plan or budget in favor of rolling
forecasts.
True
False
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- please donot copy from the answer already at chegg. it is incomplete. i want complete explanation and calculation. will rate the answer.Which of the following are the basic requirements of any business? O a. Needs b. Pricing O C. Planning O d. ExchangeGrouping revenue by different classifications is an effective method for managers to use the information to plan and to control. What term is described as "tend to occur most often in special programs where volume is critical to survival of the program"?
- The Incident Command System (ICS) is a structure and response system that has become the standard in many fire departments, police emergency operations, and emergency management systems across the United States. What are the components of the ICS? Select all that apply. Finance Logistics Planning Operations2-19. EXCEL APPLICATION: IT Benchmarks Jay's Bikes is a family-owned and operated business that stocks a wide range of bikes designed to fit the needs of professional riders, your child's first bike, and everything in between. The business has 12 full-time employees. Download the Excel file Ch02Ex01 (Figure 2.21) to calculate average IT spending so that it can be compared with the retail industry average. Recall that average IT spending in the retail industry is about 2 percent of revenue. How do Jay's IT expenditures compare with the industry average? How much would Jay need to change spending in order to match the retail industry average? Figure 2.21 Jay's Bikes revenue and IT expenditures. A 1 2 3 34 Revenue B Apparel & shoes Bike accessories New bikes Used bikes Bike repairs 5 6 7 IT Expenditures Hardware 8 9 10 11 12 13 с $ 1,250,000 $ 550,000 $ 2,650,000 $ $ $ 15,000 18,000 4,500 4,500 5,000 5,000 $ 1,200 sssssssssss Software updates Software licenses Software support Employee…This document is used primarily by owners/investors to verify the financial health of the organization. Uniform System of Accounts Balance Sheet Production Control Sheet Income Statement
- A. You are thinking about opening an oil change shop. Your fixed costs will be $13,000 per month. You will charge customers $28 for a lube-oil filter. The cost of materials is in addition to your fixed costs and is estimated at $8 per customer. How many customers must you have each month in order to break even? Hint: "Break Even" means revenues equal expenses, so we could say "fixed costs+variable costs=revenues" B. If your shop is open an average of 25 days each month., how many customers do you need each day to break even? Answer for a: 650 customers Answer for b: 26 customers per day please help me set up the equation needed to solve and get the correct answer.In the sales force composite method, all the sales agents of the organization meet together to discuss until they agree on a common demand forecast. True FalseOperational plans are shorter-term plans for implementing specific aspects of the company's strategic plans. Select one: True False
- Quick Response is generally referred to as O a. Quick forecasting of demand O b. Quick Order entry O c. Quick production of goods O d. Quick supplies to RetailerWhich of the following activities is not part of the Deming cycle?a. Planb. Doc. Checkd. Improvee. ActCost-Volume-Profit Analysis (CVP analysis), also commonly referred to as Break-Even Analysis, is a way for companies to determine how changes in costs (both variable and fixed) and sales volume affect a company’s profit. Required to: Discuss the main components of CVP analysis by providing your own numerical example and constructing a Break-Even Chart.