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disa [49]
1 year ago
10

When accounting for the general fund, the encumbrances control account is credited when:_____.

Business
1 answer:
polet [3.4K]1 year ago
7 0

When accounting for the general fund, the encumbrances control account is credited when: purchase order is filled or canceled.

<h3>What do you mean by general fund?</h3>

A general fund is defined as the fund which is known as the primary operating fund of a governmental unit. Most of the usual activities are supported by general fund.

On the other hand, the encumbrance control account is defined as settlement under which the some amount of money keep aside to meet the anticipated expenses.

For example, the reserve is used for maintaining the contract or purchase order.

Learn more about general fund, refer to the link:

brainly.com/question/24020252

#SPJ4

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You have a portfolio that is invested 24 percent in Stock R, 38 percent in Stock S, and the remainder in Stock T. The beta of St
Nady [450]

Answer:

1.90

Explanation:

The computation of the beta of the stock T is shown below:

Portfolio beta = Invested percentage in stock R × beta of Stock R + Invested percentage in Stock S × Beta of stock S + Invested percentage in Stock T × Beta of Stock T

1.37 = 0.24 × 0.71 + 0.38 × 1.26 + 0.38 × Beta of Stock T

1.37 = 0.1704 + 0.4788 + 0.38 × Beta of Stock T

1.37 = 0.6492  + 0.38 × Beta of Stock T

0.7208 = 0.38 × Beta of Stock T

So, the beta of stock T is 1.90

4 0
3 years ago
True or false: enterprise operations systems work in conjunction with the firm's erp system to provide specific functionality to
DanielleElmas [232]

The main answer is True.

The statement is correct, enterprise operations systems work in conjunction with the firm's ERP system to provide specific functionality to support supply chain operations.

<h3>Explanation:</h3>
  • ERP system to provide specific functionality to support supply chain operations.
  • Supply chain management has been an integral part of ERP solutions adopted by several enterprises.
  • Manufacturers need to interact with various suppliers and partners to obtain the raw materials and resources at the right time and at the right amount to bring finished goods to market.
  • Businesses are actively focusing on several supply chain strategies to boost plant productivity, enhance product quality, and cut down on manufacturing costs.
  • As the operations become more extensive and globalized, the integration of SCM becomes all the more important.
  • ERP solutions can support multiple modes, such as make-to-order, engineer-to-order, and configure-to-order, and provide operations support across multiple sites in real time.
  • ERP solution streamlines the path their products go through from supplier to warehouse and finally to store for the customer.
  • As a result, businesses can avoid supply chain disruption.

This theory explains how ERP systems provide support to the supply chain.

So the given statement is True

To learn more about  Enterprise operations, refer

to brainly.com/question/25922327

#SPJ4

5 0
2 years ago
When performing the managerial task of planning, managers organize people into departments according to the kinds of job-specifi
Shkiper50 [21]

Answer:

decide which goals the organization will pursue and what strategies will achieve those goals.

Explanation:

To perform the planning task, managers identify and select appropriate organizational goals and courses of action; they develop strategies for how to achieve high performance. The three steps involved in the planning area

(1) deciding which goals the organization will pursue,

(2) deciding what strategies to adopt to attain those goals, and

(3) deciding how to allocate organizational resources to pursue the strategies that attain those goals. How well managers plan and develop strategies determines how effective and efficient the organization is—its performance level.

5 0
3 years ago
Kimona Company hired you as a consultant to help estimate its cost of common equity. You have obtained the following data: D0 =
nlexa [21]

Answer:

-2.23%

Explanation:

The formula to compute the cost of common equity under the DCF method is shown below:

= Current year dividend ÷ price + Growth rate

In first case,

The current dividend would be

= $0.85 + $0.85 × 5%

= $0.85 + $0.0425

= $0.8925

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $20 + 5%

= 0.044625 + 0.05

= 9.46%

In second case,

The price would be $40

The other things would remain the same

So, the cost of common equity would be

= $0.8925 ÷ $40 + 5%

= 0.0223125 + 0.05

= 7.23%

The difference would be

= 7.23% - 9.46%

= -2.23%

4 0
3 years ago
In Ricci v. DeStefano, Ricci, a white firefighter, took and passed the City of New Haven firefighter's test, required of all app
vfiekz [6]

Answer:

The correct answer is A. In Ricci v. DeStefano, the Supreme Court ruled that an employer may not simply disregard a test based on unwanted results unless the test is shown to be biased or deficient.

Explanation:

Ricci v. DeStefano is a Supreme Court ruling of 2009, after a lawsuit by nineteen firefighters who claimed to have been discriminated against in terms of career development.  They denounced that they had been discriminated after having passed the admission tests and still had not been promoted, since no African-American candidate had passed the tests. They also denounced that they had not been promoted because the Fire Department did not want to promote a group of new recruits without including within it any member of racial minorities.

Finally, the Supreme Court established that said procedure violated Title VII of the Civil Rights Act of 1964, since in the case equal access to employment was not guaranteed (in this case, favoring minorities over white firefighters), for set different demands for purely racial reasons.

7 0
3 years ago
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