Question $2$ rmur itaist

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$3$ A capitat budpet ptans the future investment by the owner $$

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$7$ To determine a breakeven point, costs must be divided into fixed and variabte $$

$8$ Variances can be divided into two drivers: price and volume

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$9$ Low wages and odd working hours encourge loyaty and long term employment

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$10$ Total Current Assets $-$ Total Current Liabilities $=$ Working Capital

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$11$ To determine a breakeven point, costs must be divided into fixed and variable

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$12$ Establishing clear responsiblutites and defined tasks is one of the principles of internal control

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$13$ Current ratio is calculated by dividing current llablities by current assets

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$14$ Once a breakeven sales volume has been achieved, each additonal sales dollars adds one dollar to profit

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$15$ The purpose of the budget is set targets for management