题目
题目

22108 Accounting and Accountability - Spring 2025 1. PRACTICE Final Exam - 22108 - Autumn 2023

多项填空题

Time recommendation: 12 minutes SneakElite are taking in the severity of their financial situation. CEO Meiling and COO Omar invite you to a meeting and state "we understand from the variance analysis how poorly the business has been doing - we thought we prepared a budget - but we didn't anticipate costs changing so rapidly. Another year of a $1 million dollar loss and we'll have virtually no equity left in the business! We need your help to put together a budget for the next quarter (Quarter 1)." Required: Use the following information and the table below to prepare the budget. (each box is worth 0.857 marks) To enter each amount in the table, please enter just the number in whole dollars (no cents). No commas or dollar signs or spaces before or after the number. This is an auto-marked question using exact text matching and your answers must be just the number.  

查看解析

查看解析

标准答案
Please login to view
思路分析
This question presents a budgeting task with a narrative setup and a list of possible numeric inputs, but the answer options are not provided in the typical multiple-choice format. Instead, we must reason about how to approach filling in the budget blanks and what formatting rules apply. First, note the key formatting constraint: any amount entered in the table must be the whole-dollar number with no cents, and crucially, no commas or dollar signs, and no spaces before or after the number. This means that valid responses should look like simple integers such as 428, 4278, 4153, etc., rather than 428.00 or 4,278 or $4,278. Second, observe that the prov......Login to view full explanation

登录即可查看完整答案

我们收录了全球超50000道考试原题与详细解析,现在登录,立即获得答案。

类似问题

Typically, the first step in the budget process is to compile the ________.

Once a budget set has been saved, it cannot be modified.

Budgeting (time recommendation: 12 minutes) You are now being asked to prepare the budget for the marketing and packaging costs, including the cash payment component.  Hangry Donuts has a social media manager (Cassandra) they pay $400 per month to schedule Instagram posts and share content that Hangry Donuts has been tagged in. She is paid at the end of every month. The business also requires packaging costs of $0.20 per donut. The same packaging is used no matter which donut is sold. About 12% of donuts sold will also require a paper bag at a cost of $0.35. The business pays for 60% of the packaging costs in the month incurred, and 40% in the next month. In December, in preparation for opening, the business purchased $500 worth of goods from their packaging supplier. Required: Complete the budget by completing the table below. (each box is worth 0.2857 marks) Enter numbers to 2 decimal places. Do not use dollar signs or commas. For example, if your answer is $15.50, enter "15.50" in the box.  Budget January February March Projected sales 625 950 1500 Packaging costs - donuts [Fill in the blank] [Fill in the blank] [Fill in the blank] Packaging costs - bags [Fill in the blank] [Fill in the blank] [Fill in the blank] Fixed costs [Fill in the blank] [Fill in the blank] [Fill in the blank] Total marketing and packaging budget [Fill in the blank] [Fill in the blank] [Fill in the blank] Cash budget - payments Packaging supplier - current month [Fill in the blank] [Fill in the blank] [Fill in the blank] Packaging supplier - previous month [Fill in the blank] [Fill in the blank] [Fill in the blank] Social media manager [Fill in the blank] [Fill in the blank] [Fill in the blank]  

What is the purpose of a budget in QBO?

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！