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BartSMP [9]
2 years ago
7

Tracing a test count to the inventory compilations provides evidence for which asb balance assertion?

Business
1 answer:
Alika [10]2 years ago
8 0

The additional expenses required in order to avoid keeping currency during periods of inflation are known as shoe leather costs.

<h3>What do you know about holding cash?</h3>

The reasons for keeping cash are pretty straightforward. Cash inflows and outflows may balance each other out, or the outflows occasionally exceed the inflows. Hence, to cover up these eventualities, organizations hold cash to meet certain unpredictable situations.

The term "transaction motive" refers to the need for cash that a business has for ongoing operations. In general, the business needs cash to pay employees' salaries, rent, pay for labor, acquire items, and other expenses. On the receiving side, the business receives money from customers, debtors, and other sources. The inflows and outflows do not always coincide. As a result, the company keeps some cash on hand to fill this shortfall.

To know more about holding cash, visit:

brainly.com/question/15522054

#SPJ4.

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Suppose an economy’s national accounts are GNP = 100, C = 70, I = 40, G = 20 and EX = 20 where GNP is gross national product, C
Marysya12 [62]

Answer:

Imports is 50.

Current account balance is -30.

Total savings is 30.

After tax reduction total savings is 10.

Explanation:

GNP is given as  100.

The consumption expenditure is 70.

The investment expenditure is 40.

The government spending is 20.

The exports are given as 20.

GNP = C + I + G + EX - IM

100 = 70 + 40 + 20 + 20 - IM

100 = 150 - IM

IM = 50

The current account balance is the difference between exports and imports.

Current account balance

= EX - IM

= 20 - 50

= -30

Total savings in the economy is the difference between disposable income and consumption.

Total savings

= Y - C

= 100 - 70

= 30

In case government reduces taxes, the private saving will increase while the public saving will decrease.

Private saving

= Y - T - C

= 100 - 10 - 70

=20

Public saving

= T - G

= 10-20

= -10

Total saving

= Private saving + Public saving

= 20 + (-10)

= 20 - 10

= 10

7 0
3 years ago
Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster. upper a radio station asks
Gnesinka [82]

Convenience sampling is used, because the population is taken from a sample that easy to reach

4 0
3 years ago
In what way does the kettle falls five case illustrate a weakness of a federal system? choose the best answer.
almond37 [142]

The kettle falls five case illustrate a weakness of a federal system in such a way that f<span>ederalism limits political power and that it depends on compliance of state.</span>
<span>The federal system also aggravates the efficiency in awareness of Policies and its implementation. The kettle falls five case was very surprising.</span>

6 0
3 years ago
How much do child life specialists make a month :)<br> just asking...<br> for a friend
expeople1 [14]
Uhh like any other job it varies but uhh on average I’d say about $50,000 a year. But it ranges from 15,000 to 120,000. And the average hourly pay is like $16-$25 and hour.

Hope this helps!
7 0
2 years ago
• define the market process, the command process, and the traditional process. How does each process deal with the basic questio
kupik [55]

Answer:

Set Objectives. Start with setting marketing objectives. ...

Do Your Research. The market research you do will drive the decisions you make when deciding upon your marketing strategy. ...

Make Decisions. ...

Write It Down. ...

Summary.

4 0
2 years ago
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