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11 months ago

What are the 6 types of government spending?

1 answer:

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.

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If a firm accepts less than all of its prospective projects with positive NPVs when evaluated at their own risk-adjusted costs o

gtnhenbr [62]

Answer: True

Explanation:

Yes, the given statement is true that the employing capital rationing is one of the process in which it placing some restriction on the investment amount of the project in an organization.

In the capital rationing strategy, if the company accepts less amount from all its prospective projects along with some positive net profit value (NPVs) the it is evaluated on the basis of their own risk.

The employ capital rationing helps in making various types of decisions related to investment for the company and in this system only limited projects are taken due to the limitation of the resources.

Therefore, The given statement is true.

3 0

3 years ago

An economy begins in long-run equilibrium, and then a change in government regulations makes holding money less attractive. a. (

deff fn [24]

Answer: Demand Curve shifts left

Explanation:

Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.

Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.

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3 years ago

Your company operates in a perfectly competitive market. You have been told that advertising can help you increase sales in the

NARA [144]

Answer:

Advertisement doesn't exist in perfect competition markets. Perfect competition markets are theoretical only, since they do not exist in reality although some markets resemble or are similar, e.g. commodities. One of the characteristics of perfect competition markets is that every participant possesses perfect information regarding the products' characteristics and price. If everyone knows a product perfectly, then there is no reason why you should advertise it.

Explanation:

3 0

3 years ago

QUESTION 3/14

Ilya [14]

Answer:

Wednesday

Explanation:

Jack has 3 days avaialable

Monday Coletter can't

Wednesdat Colette can and you can because you can meet any day

Friday Colette also can.

and you too as well. But it is not an option

So, unless there is something missing the only viable option would be wednesday

5 0

3 years ago

Compute the Cost of Goods Manufactured and Cost of Goods Sold for West Nautical Company for the most recent year using the amoun

Nadya [2.5K]

Answer:

All figures are imaginary .

Explanation:

West Nautical Company

Cost of Goods Manufactured (in millions). and Sold

Dr Cr

(000) (000)

Direct Materials (opening Inventory) 30,000

Add Purchases 10,000

Less Ending Inventory 6000

Direct Materials Used 34,000

Conversion Costs

Add Direct Labor 21,000

Factory Over Head

Indirect Materials 50

Indirect Labor 14,000

Rent On Factory Building 3000

Depreciation (equip) 5000

Utilities 4000

Property Tax 2000

Insurance 1000

Total Factory Overhead/ Total Manufacturing Costs 29,050

Deduct Under applied Overhead 250

Overhead applied to work in process 28,800

Total Manufacturing Costs  83,800

Add Beginning Work In Process 4000

Total Goods in Process 87,800

Less Ending Work In Process 39,800

Cost Of Goods Manufactured 48000

Add opening Finished Goods 12,000

Cost of Goods Available for Sale 60,000

Less Closing Finished Goods 24000

Cost Of Goods Sold 36000

Add underapplied overhead 250

Cost of goods Sold ( adjusted for under applied overhead** ) 36,250

** The company closes under applied or over applied overhead into cost of goods sold . Hence, $ 250 balance in under applied overhead is added to the cost of goods sold for the month.

5 0

3 years ago