Which is another name for the individual expense categories listed on an operating budget? a. Line items

Question:

Which is another name for the individual expense categories listed on an operating budget?

a. Line items

b. Cost centers

c. Profit centers

d. Mixed costs

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

See More Books

Question Posted: Apr 30, 2018 01:22 AM

See More Questions

What is another name for time study?
Which is another name for the baseline data used in the development of a trend line when a manager employs regression analysis? a. Known data b. Unknown data c. Fore-casted data d. Appraised data
What is another name for the Kennedy-Kassebaum Act (1996), and why is it important to organizations that are not in the health care industry?
Multiple Choice 1. Which of the following concepts are pervasive in the application of generally accepted auditing standards, particularly the standards of field work and reporting? a. Internal...
In January 2010, Salem Corporation, purchased $350,000 of new MACRS 5-year property in the US. This equipment was placed in service May 1, 2010. Salem wants to take as much depreciation in 2010 as...
You are considering a bond that pays annually at 6.2 percent. Inflation is projected to be running 4 percent. What will be your real interest rate?
Develop the questionnaire in Internet Exercise 8-21 using an electronic questionnaire design package that is available for free (see the websites mentioned in this chapter in the subsection entitled...
As an employee of the Los Angeles Air Quality Commission, you have been asked to develop a model for computing the distribution of NO 2 in the atmosphere. The molar flux of NO 2 at ground level, N''...
Describe what subprime lending is and give two examples of subprime lenders and explain why they are subprime lenders. Are the risks to our financial system worth the benefits of subprime lending?
You have 30 years left until retirement and want to retire with $2.2 million. Your salary is paid annually, and you will receive $83,000 at the end of the current year. Your salary will increase at 3...
Which is an external factor that could directly impact the development of a hotel managers annual operating budget? a. The opening of a nearby hotel by a major competitor b. The replacement of the...
A bar manager estimates her next months beverage revenue will be $85,200. The bar manager forecasts her Cost of Sales: Beverages for next month to be 22%. What would be amount of this managers...
Why are the accounts receivable turnover and inventory turnover ratio s helpful with the assessment of liquidity?
Let $A, B$ be two vector spaces, i.e., commutative groups with additional structure. What is the additional structure? What are the additional relations between $x, x^{\prime}, x^{\prime \prime}$...
In Exercise 14.10, the null hypothesis of no treatment effect $H_{0}: \tau=0$ is the left endpoint of the parameter interval $\tau \in[0,2 \pi)$. Explain why this is not a boundary point in the...
The verb to write has a subject, a direct object and an indirect object. Some of the parts may be empty or missing. Identify the three parts in the following sentences (i) Joe wrote a letter to Anne;...
Let $p$ be an arbitrary quaternion and let $q$ be a unit quaternion. Show that the real part of the product $q p \bar{q}$ is equal to $\Re(p)$. Show also that the imaginary part of the...
Show that $|p q|=|p| \times|q|$, i.e., that the modulus of a product is the product of the moduli.
A model of solar system formation is that the Sun condensed from a disk of gas and dust through mutual gravitational attraction (Fig. P9.65). Consider a uniform disk of gas and dust that starts with...
Using the parallel-axis theorem, determine the product of inertia of the area shown with respect to the centroidal x and y axes. 6 in. 9 in. 9 in- 4.5 in. in. 4.5 in.
Office Universe Supplies Inc. has cash and carry customers and credit customers. Office Universe estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit...
Sage Learning Systems Inc. was organized on September 30, 2012. Projected selling and administrative expenses for each of the first three months of operations are as follows:...
Select Physical Therapy Inc. is planning its cash payments for operations for the third quarter ( JulySeptember), 2013. The Accrued Expenses Payable balance on July 1 is $28,000. The budgeted...
Suppose you invest 52%, 28%, and 20% of your wealth into a stock, the market, and a risk-free asset, respectively. The beta of the stock is 1.1. What is the beta of the portfolio?
An investment of $21745, earning compound interest, grows by $2278 in one year. At this rate of growth, how long will it take for the original investment to double?
On September 12, 3,400 shares of Denver Company's common stock are acquired at a price of $58 per share plus a $170 brokerage commission. On October 15, an $1.20-per-share dividend was received on...

Which is another name for the individual expense categories listed on an operating budget? a. Line items

Question:

Step by Step Answer:

a ...View the full answer

Managerial Accounting for the Hospitality Industry

Students also viewed these Business questions