Answer:
a. $1,000 of income for the Human Fund for owning a $100,000 savings bond - This is an example of the debt interest in the budget.
b. Food stamps received by the Jones family - These are mandatory that has to be spent by the government.
c. Purchase of F-16 fighter planes by the U.S. government - Purchasing F-16 is discretionary.
d. An increase in the salary of researchers at the National Institutes of Health - Increase in the salary is discretionary expenditure by the government.
e. Government aid to help victims of drought in east Africa - This will be discretionary.
Definition of the categories of US government budget
Mandatory spending is spending required by statutory criteria, it is not authorized annually
Discretionary spending is spending that must be authorized annually and appropriated by the House and Senate.
Interest on debt is the cost incurred by an entity for borrowed funds
Answer:
mass customization
Explanation:
As it names says , companies will produce a large amount to customized product. This is implies higher cost but it helps for differentiation.
Answer:
The representative should talk to the manager to determine if there was a Know Your Customer violation
Explanation:
Answer: 23.04%
Explanation:
Based on the information given in the question, the cost of not taking a cash discount will be calculated as:
= D/(1-D) × (360/n)
where D = Discount rate
n = number of days after the discounted period
= D/(1-D) × (360/n)
= 4%/(1 - 4%) × [365/(76-10)]
= 4%/96% × (365/66)
= 0.0416667 × 5.530303
= 0.2304295
= 23.04%