The answer in this question is federal debt. Based on my own understanding federal debt is the total amount of debt or the money that the United States federal government owes to its creditors. We all know that debt is the amount of money that we owes to our creditors.
Under the Best efforts method, the underwriter sells as many shares as possible but may or may not sell all of the new shares.
The best efforts method is used in the oil and gas industry to account for certain operating expenses sells as many shares as possible. Under the successful efforts method, a company only capitalizes those costs associated with the location of new oil and gas reserves when those reserves have been found.
The term best efforts refers to an agreement made by a service provider to do whatever it takes to fulfill the requirements of a contract. In finance, an underwriter makes a best efforts or good faith promise to the issuer to sell as much of their securities offering as possible. While the two parties come to an agreement for the sale of some securities, the underwriter doesn't guarantee to sell them all.
- Best efforts is a term for a commitment from an underwriter to make their best effort to sell as much as possible of a securities offering.
- It is also a general service agreement term used in place of a firm deliverable commitment.
- The opposite is a firm commitment or bought deal, in which the underwriter buys all shares or debt and has to sell it all to make money.
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Answer: C. Aqua will overcost Alpha's indirect costs as it is using a single cost pool to allocate indirect costs.
Explanation:
Aqua is using a single cost pool to allocate indirect costs which means that the indirect costs of both Alpha and Beta will be included in this cost pool.
This will overcost Alpha because Alpha only has minor portions of indirect costs while Beta has significant indirect costs. Putting both products together means that a lot of indirect costs assigned to Alpha will be from Beta which would mean that Alpha is overcosted.
Answer:
Trinkle Compnay
Details Amount $
Un adjusted Balance as Per Bank Statement on Jun 30 $81,500
Add : Deposit in Transit Jun $3,150
Less : Outstanding Check June 30 $(5,611)
True Cash Balance As on June 30 $79,039
Explanation:
Answer:
Low Organizational commitment.
Explanation:
Gregg appears to have low levels of Low Organizational commitment.
Gregg knows well that he is replaceable in the organization and could easily find a similar job with similar payment without any difficulty. So, does not show any commitment to the organization and does only what he is asked to do and never does any extra bit.