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2 years ago

A nongovernmental not-for-profit entity (nfp) must report information about expenses by:_________

Business

1 answer:

Leno4ka [110]2 years ago

6 0

A nongovernmental not-for-profit entity (nfp) must report information about expenses by Functional Natural.

<h3>What is the working of the nongovernmental not-for-profit entity?</h3>

All nonprofit organizations in the United States are now required to disclose their expenses in accordance with their functional classification and by the natural classification in order to comply with Financial Accounting Standards Board rules.

It follows that expenses must be reported by both functional and natural class in financial statements created by voluntary health and welfare nongovernmental nonprofit organizations.

Thus, not-for-profit entity must report information about expenses by Functional Natural.

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When a product experiences an increase in the number of competitors, it is usually in the _____ stage of the product life cycle;

azamat

Answer:

Growth stage, Maturity stage

Explanation:

Product life cycle can be defined as the various stages that a product undergoes from the period that it is brought into the market to the period in which it is withdrawn from the market.

The four stages involved in the product life cycle include:

- Introduction stage

- Growth stage

- Maturity stage

- Decline stage

Growth stage is the stage in which the product experience a high rate of sales and profit. In this stage the public is fully aware of the product potential. There is also a high level of competition in this stage.

Maturity stage Is the stage in which the sales of the product begins to reduce. In this stage, saturation of the product in the market is attained. A lot of companies begin to think of new ways to rebrand their products to meet up with the new market trends.

4 0

4 years ago

Capital requirements for banks serve all of the following purposes EXCEPT:________.a.to offset the change in incentives caused b

SCORPION-xisa [38]

Answer:

b. to reduce deposits

Explanation:

A Capital requirement refers to the amount of capital that a financial institution must have to meet the requirements set by it's financial regulator. All of the answers provided are purposes that this hopes to accomplish except for reducing deposits. It actually hopes to increase deposits which means more customers that are coming in.

3 0

3 years ago

Some of the ledger accounts for the Sanderson Hardware Company are listed below. For each of the October 2021 transactions numbe

77julia77 [94]

Answer:

1. Paid a cash dividend.

Account Debited: Retained earnings

Account Credited: Cash

2. Paid rent for the next three months.

Account Debited: Prepaid rent

Account Credited: Cash

3. Sold goods to customers on account.

Account Debited: Account receivables

Account Credited: Sales revenue

4. Purchased inventory on account.

Account Debited: Inventory

Account Credited: Accounts payable

5. Purchased supplies for cash.

Account Debited: Supplies

Account Credited: Cash

6. Paid employees wages for September.

Account Debited: Wages payable

Account Credited: Cash

7. Issued common stock in exchange for cash.

Account Debited: Cash

Account Credited: Common stock

8. Collected cash from customers for goods sold in 3.

Account Debited: Cash

Account Credited: Account receivables

9. Borrowed cash from a bank and signed a note.

Account Debited: Cash

Account Credited: Notes payables

10. At the end of October, recorded the amount of supplies that had been used during the month.

Account Debited: Supplies expenses

Account Credited: Supplies

11. Received cash for advance payment from customer.

Account Debited: Cash

Account Credited: Unearned revenue

12. Accrued employee wages for October.

Account Debited: Wages expenses

Account Credited: Wages payable

4 0

3 years ago

A situation in which monetary policy is expansionary prior to an election and contractionary after an election is known as the â

Advocard [28]

A situation in which monetary policy is expansionary prior to an election and contractionary after an election is known as the Political business cycle.

What is expansionary monetary policy and contractionary monetary policy?

Simply put, expansionary monetary policy enlarges (increases) the money supply, whereas contractionary monetary policy reduces (contracts) the amount of a nation's currency available.

What is Political business cycle?

A political business cycle is a change in economic activity brought on by outside political actors. The term "political business cycle" is mostly used to refer to the economic expansion that occurs right before an election to increase the likelihood that the current administration will be reelected. Empirical evidence of political business cycles is still ambiguous despite several attempts to prove it.

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8 0

2 years ago

Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. the fee that the stockbroker charges

Varvara68 [4.7K]

Jean told her stockbroker to purchase 300 shares of stock of company abc at $20 per share. The fee that the stockbroker charges for this service is called Commission. Hence, option D is correct.

<h3>Who is stockbroker?</h3>

Stockbroker is the person who execute the shares and invest in them on the behalf of their clients. Stockbroker has certain knowledge about the trading of shares, so using their ability of understanding the stock market.

Many of the stockbroker works for the firm or company and handle their customer's accounts and do tradings.

Thus, option D is correct.

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a. Dividend

b. Yield

c. Net Proceeds

d. Commission

6 0

2 years ago