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nata0808 [166]
1 year ago
9

What are the 6 types of government spending?

Business
1 answer:
Lera25 [3.4K]1 year ago
7 0

Mandatory/entitlement spending, Discretionary spending, National defense spending, Interest on government debt, State and local government spending are the 6 types of government spending.

Every Workday Procurement transaction must contain a spend category as a necessary component. Spend categories are a combination of commodity codes from the Legacy system, which specify the kind of thing or service being purchased, and object codes. Some workday spending categories may be considered trackable while others are not. Except for firearms, livestock/animals, and bulletproof vests, which are tracked at any value and marked as an LSU asset, products having a total acquisition cost of $1,000 or more should be included in a tracked spend category.

Building a comprehensive picture of the overall cost on commodities across the LSU system is the aim of the procurement spend categories. Accurate reporting on commodity expenditures increase the possibility of larger discounts and new contracts, which is advantageous for the spend category university. Initial reports have shown that some end users are choosing the spend category based on hierarchy of spend categories and/or the project they are utilizing the items for rather than the individual item within hierarchy.

Learn more about spend category here

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Assume a contract exists between Mr. Jones, a college professor, and his student, Mr. Smith. Jones provides a syllabus, instruct
Dmitrij [34]

Answer:

evidence that the negligent act is the proximate cause of the loss.

Explanation:

According to my research on different contract requirements, I can say that based on the information provided within the question the element that is absent is the evidence that the negligent act is the proximate cause of the loss. This is because there is no proof within the statement that indicates that "Smith Failing the class" is because Jones did not fulfill his part of the contract.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Consider the following information about a banking system: new currency deposited in the system = $40 billion, legal reserve rat
Vlada [557]

Answer:

The bank will create excess reserve of $200 billion

Explanation:

The question measures the size of credit expansion associated with the new currency deposit. the computation below shows how excess reserves can be computed.

Money multiplier              =   1 /Legal Reserve Ratio  = 1/0.2 = 5

Excess Reserve Created = A x (1 /Legal Reserve Ratio)

Where:                          A  = New currency deposit =  $40

       Legal Reserve Ratio = 0.20      

                                     

Excess Reserve Created = $40 x (1/0.2)  =  $40 x 5 =  $200 billion                                          

The legal reserve of 5 indicates that for every unit of money reserved by banks, they are able to create 5 units of same.

The money creation capability of the banking system as a whole is depends on the legal reserve ratio. Legal reserve ratio is a fraction of a bank deposit which the law requires them to hold. The bank can only lend the balance after deducting the legal reserve.

3 0
3 years ago
Discuss and develop a theoretical network architecture for a small business in the area that wishes to expand into new facilitie
SVETLANKA909090 [29]

Answer:

The responses can be defined as follows:

Explanation:

The placement is essentially a network infrastructure facility in which a company can charge rent for servers as well as other equipment. A company can choose a site to build a server farm. However, one of the key drivers is the operating expenses for the building, maintenance, and updating of a computer system. We acquire and own the hardware (servers) as well as the software to support your presence online with the collocation, and thus are responsible for the correct setup and customization of a two. According to your needs, it may be possible to also buy a computer network or two to control traffic out into your servers (switching, router, firewalls, VPN devices, etc). The cost of the work for business continuity was often used by private companies over the years. Today, cloud providers particularly attractive among cools.

3 0
3 years ago
WILL GIVE BRAINLIEST TO FIRST CORRECT ANSWER!
Kipish [7]

Answer:

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7 0
3 years ago
Read 2 more answers
Does a monthly fixed-rate mortgage payment change?
Semenov [28]

A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.

What is a mortgage and how does it take a job?

When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.

What salary is used to cover the mortgage?

The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.

To know more about Mortgage visit:

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6 0
1 year ago
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