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nata0808 [166]
8 months ago
9

What are the 6 types of government spending?

Business
1 answer:
Lera25 [3.4K]8 months 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

brainly.com/question/29794619

#SPJ4

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Cala manufacturing purchases a large lot on which an old building is located as part of its plans to build a new plant. the nego
Ivanshal [37]
Cost of Land:Purchase price for land: 264,000Purchase price for old building : 159,000Demolition cost for old building: 32,000Cost to fill and level lot: 47,304Total cost of Land:  502,304


Cost of new building and Land improvementCost of new building: 1,232,100Cost of land improvements: 77,774Total construction cost:  1,309,874

Land (Debit 502,304)Land improvement (Debit 77,774)Building (Debit 1,232,100)Cash (Credit 1,812,178)
5 0
3 years ago
Technology does not necessarily result in better decisions, because the information produced may not support the information req
AlexFokin [52]

This is due to the fact copying digital data from one supply to any other does not require casting off the preceding copy.

Digital data/records commonly includes information that is created by, or prepared for, electronic systems and devices such as computers, screens, calculators, conversation devies and so on, and can be saved on those gadgets or in the Cloud.

<h3>How does digital statistics work?</h3>

When information is put into a digital form, it's converted into sequences of zeros and ones that can be interpreted by way of other computer systems. Digitizing statistics is the method of changing records into digital structure and is indispensable for a laptop to be able to manner and shop information.

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6 0
1 year ago
A study comparing perceptions of punctuality in the United States and Brazil found that Brazilian timepieces are less reliable a
son4ous [18]

Answer: Polychronic Time

Explanation: A culture that makes use of Polychronic time engages in so many activities at a time, and most times end up not being able to meet up with their main objective.

On the other hand a culture that makes use of monochronic time values doing a thing at a time and find it easier to meet their targets.

The Brazilians are more of a Polychronic time culture as described in the question.

3 0
3 years ago
Which of the following nouns is properly capitalized?
ehidna [41]
A. Congress
When referring to the Senate and the House of Representatives, it should be capitalized. 
3 0
2 years ago
Read 2 more answers
Suppose that the current value of all of a mutual fund's holdings is determined to be $750 million. The fund's liabilities are $
rusak2 [61]

Answer: B) $13.89 per share

Explanation:

In order to find the net asset value or NAV of a mutual fund we have to know the liabilities and assets that fund has as of the date that we want to calculate the NAV. Then we will subtract its total liabilities from its total assets. Then we will divide that number by the number of shares to find the net asset value.

Total assets = 750 million

Total liabilities = 125 million

Current shares outstanding = 45 million

(750 million - 125 million)/45 million =13.89

3 0
3 years ago
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