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Which of the following statementis) is/are true? (Select the correct answer from the options below the statements) (1) Translation risk is an accounting issue, which is of little consequence to the investment decision except for when there are high borrowing levels and the providers of debt have imposed restrictions on gearing levels (2) Transaction risk is the risk of adverse exchange-rate movements between the date of a transaction and the date of settlement (3) Economic risk is the risk of actions by managers and reactions to sharcholders that affect dividend payments (1) and (2) (1) only (1) and (3) (1), (2) and (3)

Which of the following statements is true? Select the correct answer from the options below A forward contract is one in which one party agrees to buy 'something, and another party agrees to sell that same'something at a designated future date A forward contract is one in which one party decides the price of a particular item immediately, and the price remains unchanged A forward contract is one in which one party agrees to buy a product in exchange for another physical product of equivalent value A forward contract is one in which payments are made in US dollars only

Which of the following statement(s) is/are true about the budget slack?(Select the correct answer from those listed below the following statements). (1) Budget slack is the deliberate under -estimation of costs and over- estimation of revenue (2) Budget slack is the difference between the budgeted, and the actual units of production (3) Budget slack is the deliberate over -estimation of costs and under- estimation of revenue (4) Budget slack is the deliberate falsification of costs and revenues by managers, which is deemed unethical

The following figures have been taken from the budget of a company called Herts & Ford International Services Ltd, in the retail trade for the year ended 31 December 2021 January February March April Sales (units) 10,000 11,000 12,000 10,000 The following information is available: (i) The selling price per unit is E9 It will increase to E9.50 per unit from April and in subsequent months. 25% of budgeted sales revenue is expected to be received in the month of sale. 70% of budgeted sales in the following month, while 5% of budgeted sales are expected to result in bad debts. (ii) The budgeted number of units in inventory at the end of each month is equal to the budgeted sales for the following month. (iii) The business is seasonal, and, as indicated in the above budget.results in April are expected to be similar to those in January. There is a three-month cycle, so the results in May and June are expected to be similar to those in February and March respectively. Select the correct answer from the drop down list What is the total amount of cash collected in the month of March?

Question 4 Which of the following statements is true? Select the correct answer from the options below Budgets can be too focused on costs Budgets do not focus primarily on sales Budgets focus on the management's ethnicity Budgets focus mostly on pricing 4 pts