The federal government spends $668 billion dollars on welfare per year
Answer:
The correct answer is False.
Explanation:
It is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information that is offered when making decisions: the "anchor." Also known as the "focus effect." During decision making, anchoring occurs when people use an initial piece of information to make subsequent judgments. Once the anchor is fixed, the rest of the information is adjusted around the position of the anchor incurring a bias.
For example, the starting price offered for a used car sets the standard for the rest of the negotiations, making prices lower than the starting price seem more reasonable even though they are still higher than what the car is really worth. In the same way, if you ask about the population of Ukraine: "Is it greater or less than one hundred million people?", The answers will vary, but in general they will be somewhat less than this number. However, if the question were: "Is the population of Ukraine more than or less than twenty million people?" The answers will vary, but the average of answers will not change much from the initial anchor. That is, it starts from the "anchor value" and an adjustment is made ... which is usually in the right direction but of insufficient magnitude.
Answer:
Depreciation for year 3 = $115518
BV = $57798
Explanation:
The modified accelerated cost recovery method employees a classification-based approach to depreciating certain assets, once classified are assigned respective rates of depreciation. for example, assets classified under automobiles, trucks and machinery are treated under 5-year MACRS and will be depreciated at 20%, 32%, 19.2% and so on.
In this question the bridge across Rio Grande being built by Del Norte Brick co is treated under 3-year MACRS, for which the rates are as follows:
33.33% for the first year
44.45% 2nd year
14.81% 3rd year
7.41% 4th year
We have been asked to determine 3rd years' depreciation and book value, determined as follows:
Depreciation year 1: $780000 33.33% = $259974
Depreciation year 2: $780000 44.45% = $346710
Depreciation year 3: $780000 14.81% = $115518
So the depreciation for year 3 = $115518
The book value is calculated as follows:
<em>Book value = cost - accumulated depreciation</em>
BV = $780000 - $722202
BV = $57798
Answer:
C
Explanation: I think its C cause it just makes sense lol
<u>b. Hooking up</u> is the term refers to an affiliate relationship between an accounting/auditing firm and its sponsoring organization in China.
<u>Explanation</u>:
Hooking up is the term refers the affiliate relationship between an accounting/auditing firm and its sponsoring organization.
Auditing Firm is a company which reviews the activities of an organization to identify their inefficiencies and achieve the organizational objectives. Auditing firms can help in investigating the potential theft or fraud and ensure compliance with applicable terms and policies. The reports of the organization can be maintained accurately.
The auditing firm works for their sponsored organization and helps them in achieving their goals.
