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Can international business operate more easily in a fixed exchange rate system or in a flexible exchange-rate syatem?
An international business will operate more easily in a fixed exchange rate system. Knowing what the equivalency of goods will allow for predetermined forecasting, however, a fixed rate decreases the opportunity for profits.
What are the types of the budget in public health?
Budgets can be classified according to Time, Function, and Flexibility.ACCORDING TO TIME:1. Long Term Budget2. Short Term Budget3. Current Budget4. Rolling budgetACCORDING TO FUNCTION:1. Sales Budget2. Production Budget3. Cost of Production Budget4. Purchase Budget5. Personnel budget6. R & D Budget7. Capital Expenditure Budget8. Cash Budget9. Master BudgetACCORDING TO FLEXIBILITY:1. Fixed Budget2. Flexible Budget
What is a hybrid exchange rate?
It is a combination of fixed and flexible exchange rate, thsi system hanges par values of currency by small amount at frequent specified intervals
What are the Disadvantages of controlling costs and budgets in a business?
no
What is the difference in how the exchange rate reflects the supply and demand for the currency between a flexible-exchange rate system and a fixed-rate exchange system?
Fixed Exhange-Rate System: currency system in which governments try to keep the values of their currencies constant against one another Flexible Exchange- Rate System: allows the exchange rate to be determined by supply and demand. With a flexible exchange- rate system, exchange rates need not fall into any prespecified range.
How are flexible expenses different from fixed expenses?
Flexible expenses are costs that can vary from month to month, such as dining out, entertainment, and travel. In contrast, fixed expenses remain constant regardless of changes in income or spending habits, like rent or mortgage payments, insurance premiums, and loan payments. Understanding the distinction helps individuals manage their budgets more effectively, allowing for adjustments in flexible spending without impacting essential fixed costs.
If you have actual how do you get flexible budget?
Flexible budgets are prepared for different capacity levels like normal capacity, optimistic capacity and pesimistic capacity based on actual budgets.
Who uses a Static Budgets?
Static budgets are primarily used by organizations with fixed costs and stable operations, such as non-profit organizations, government agencies, and small businesses. They are also common in industries where expenses do not vary significantly with production levels, allowing for straightforward financial planning. However, static budgets can be less effective in dynamic environments where costs and revenues fluctuate frequently. As a result, they may be supplemented with flexible budgets for more adaptive financial management.
What is advantages of fixed budgets?
A fixed budget will help businesses manage finances. With a fixed budget managers will not have the ability to spend extra funds.
What is flexible budget?
Fixed or Static buget is for a particular activity level. Flexible budget is for a range of activity level. Differentiate between Fixed and Flexible budget ? Needs a complete answer.
What is the difference between governmental annual operating budgets and capital budgets?
annual operating budgets include estimated revenues and appropriations for expenditure for a specific fiscal year. Capital budgets control the expenditures for construction projects and fixed asset acquisitions
What is the difference between a fixed expense and a flexible expense?
A fixed expense is a regular, recurring cost that remains the same each month, such as rent or mortgage payments, insurance premiums, and salaries. In contrast, a flexible expense varies in amount and frequency, often based on personal choices or usage, such as groceries, entertainment, and dining out. Understanding the distinction helps individuals manage their budgets more effectively by identifying which costs are predictable and which can be adjusted.
What is flexible expense?
Flexible expenses are variable costs that can change from month to month based on personal choices or circumstances. Unlike fixed expenses, which remain constant (such as rent or mortgage payments), flexible expenses include items like dining out, entertainment, and travel. These expenses can be adjusted or reduced as needed, allowing individuals to manage their budgets more effectively. By monitoring flexible expenses, one can enhance financial stability and prioritize spending.
How do flexible expenses differ from fixed expenses?
Flexible expenses vary over time.
How do flexible expenses differ from fixed expense?
Flexible expenses vary over time.
What is the Advantages of fixed budgets?
fixed budget is the budget whose all estimation is not changed after making this type of budget for more knowledge of budget == == == == == ==
Is it best to choose an activity measured in dollars when choosing an acitivy measure for flexible budgets?
The activity base should not be expressed in dollars or other currency. For example, direct labor cost is usually a poor choice for an activity base in flexible budgets. Changes in wage rates affect the activity base but do not usually result in a proportionate change in overhead. Therefore, it is normally best to use physical, rather than financial, measures of activity in flexible budgets..Answer - NO
