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melisa1 [442]
2 years ago
13

which enactment process activity must be passed by both houses of congress and signed by the president before any federal agency

can incur obligations or make expenditures from the us treasury
Business
1 answer:
Goryan [66]2 years ago
8 0

appropriations bill enactment process activity must be passed by both houses of congress and signed by the president before any federal agency can incur obligations or make expenditures from the us treasury.

what is appropriations bill?

  • An appropriations bill in the US Congress is a piece of legislation that allocates federal monies to particular federal departments, agencies, and programs. The funds are used to fund operations, staff, assets, and activities.
  • Each year, regular appropriations bills are passed, providing funding for a single fiscal year. The federal government's fiscal year, which runs from October 1 to September 30 of the following year, is its accounting period.
  • The United States Senate Committee on Appropriations and the United States House Committee on Appropriations both have authority over appropriations bills.
  • Each of the twelve yearly regular appropriations bills is the responsibility of one of the twelve matching subcommittees that belong to both Committees.

To learn more about appropriations bill with the given link

brainly.com/question/16913740

#SPJ4

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The existing balance in Allowance for Doubtful Accounts is considered in computing bad debts expense in the A. direct write-off
AlexFokin [52]

The correct answer is choice b - the percentage of receivables basis.

When an accountant is calculating the bad debts expense they will take into account the balance in the Allowance for Doubtful Account when they are calculating on the percentage of sales basis.

8 0
3 years ago
The Alpha Beta Corporation disposes a capital asset with an original cost of​ $170,000 and accumulated depreciation of​ $109,000
Bingel [31]

Answer:

Option D) $54.400

Explanation:

When  a company disposes a capital asset, the cost of the asset it's the remanent value, that is the difference between the original cost less the accumulated depreciation, in this case $170.000 minus $109.000, remanent value is $61.000.

This value it's the cost of sale and the price it's $50.000 , the result of this transaction it's a loss of ($11.000) so the after-tax cash inflow it's ($4.400).

The total Cash Inflow it's the sum of $50.000 (gained from the sale) and the save on taxes for $4.400, because of the loss I get a payback on taxes, the total is $54.400.

8 0
3 years ago
iscuss the burden placed on people or organizations contacted as references for job candidates. How do organizations cope with t
mario62 [17]

Answer:In human resource planning, forecasting is an intermediary step

Explanation:

FALSE

The process of human resource planning consists of three stages: forecasting, goal setting and strategic planning, and program implementation and evaluation. The first step in human resource planning is forecasting

3 0
2 years ago
Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upco
inessss [21]

Answer:

<u>Over Applied Overhead      = $ 4000</u>

Actual Manufacturing Overhead = $45,000

Manufacturing Overhead Applied = $ 49,000

Explanation:

                                          Job 101        Job 102        Job 103

Total Direct materials      $ 19,200     $ 14,400       $ 9,600       $ 43,200

Direct labor                    $ 28,800       $ 11,200        $ 9,600      $ 49,600

Machine hours              1,000 hrs        4,000 hrs      2,000 hrs   7,000 hours

<u>Manufacturing overhead   $ 7000       $ 28,000      14,000 </u>

<u>Total                                $ 55,000         53,600        33,200</u>

Actual overhead costs recorded during the first month of operations totaled $45,000.

<u>Journal Entries </u>

<u>Sr. No                    Particulars                 Debit                   Credit</u>

Job 102              Finished Goods           53,600

                           Work In Process                                     53,600

A journal entry showing the transfer of Job 102 into Finished Goods Inventory upon its completion.

Job 101                Sales                         60,000

                        Cost Of Goods Sold                              60,000

Journal entries to recognize the sales revenue and cost of goods sold for Job 101.

Job 101              Cost of Goods Sold        55,000

                          Finished Goods Inventory                  55,000

Manufacturing Overhead Applied =   $ 7000 + $ 28,000+14,000 = $ 49,000

Job 101 = 1000/60,000 * $ 420,000= $ 7000

Job 102 = 4000/60,000 * $ 420,000= $ 28000

Job 103 = 2000/60,000 * $ 420,000= $ 14000

Actual Manufacturing Overhead = $45,000

<u>Over Applied Overhead      = $ 4000</u>

                                   

      Manufacturing Overhead  Accounts $ 4000  debit                  

              Cost of Goods Sold          $ 4000 Credit

Entry to transfer the balance of the Manufacturing Overhead account to Cost of Goods Sold.

(Entry to reduce the amount of Over applied Overhead)                                

                         

6 0
3 years ago
Students who begin college not knowing what they want to study is a_____.
11111nata11111 [884]
Option c (I think)......
5 0
3 years ago
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