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Xelga [282]
3 years ago
6

What are the similarities and differences between balancing a city budget and balancing a personal budget?

Business
2 answers:
elena-14-01-66 [18.8K]3 years ago
6 0
For me they don't differ in a sense of budgeting but they have a big different in every factor of way and rule in budgeting. In balancing a city budget you must first analyse what are the expense, credits and also the future expense of the city to make it last until the next budget. You also have to consider your people in their needs and wants not just you but for the good of the city.
Papessa [141]3 years ago
3 0
The similiarities of balancing a city budget and a personal budget is that you are bound by a certain amount of budget and that your purchasing decisions must be weighed properly. The difference between the two is that personal budget affects only a person's budget while a city budget if mishandled affects lives of people in a certain city. 
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vovangra [49]

A flat screen TV

The other options all <em>create value</em>, while a TV does not.

6 0
3 years ago
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Anwar is a task-motivated leader who is in a high situational control environment. Based on Fiedler's Contingency Model, he is l
ExtremeBDS [4]

Answer: be confident, considerate, and focused on removing obstacles.

be considerate, open to suggestions, and concerned with resolving conflicts.

be directive, serious, and with little concern for others.

Explanation:

The Fiedler Contingency Model was created in mid-1960s by Fred Fiedler. He studied the characteristics and personality of an ideal leader. He was a scientist. An ideal leader understands the leader and member relationships. A leader gains the confidence of the fellow members and maintains a sense of trust. The task structure of the leader is clearly structured to avoid any confusion or obstacle in work. The leader can reward or punish the fellow members with a reason. The instructions from leader should be directional. The leader should maintain a sense of seriousness at work. The leader should be available to resolve conflict among other people at work and must be open to take suggestions.

4 0
3 years ago
Why does the federal reserve system have a high degree of political independence? it is divided into geographical districts. the
Anit [1.1K]

The answer is: the system is owned by the banks.

Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government.  Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence

5 0
3 years ago
Robot Corporation is liquidated, with Marty receiving property having an adjusted basis of $60,000 and an FMV of $90,000. The pr
mr_godi [17]

Answer:

-$40,000

Explanation:

Data provided as the question

FMV = $90,000

Assumed Liability = $80,000

Stock basis = $50,000

The computation of recognize is shown below:-

= FMV of property - Assumed Liability - Stock basis

= $90,000 - $80,000 - $50,000

Recognize Loss = -$40,000

Therefore for computing the recognize loss we simply deduct the assumed liability and stock basis from FMV of property.

6 0
3 years ago
Which of the following statements is correct? A. Control is most effective when two or three people are given responsibility for
Furkat [3]

Answer:

"B"

Explanation:

Segregation of duties is a major international control procedure where responsibilities are shared between two or more individuals.

The aim is to minimize or prevent the opportunity for a particular individual to  execute and cover up fraudulent activities.

It is arranged in a way that an individual is in the position to keep a check over the activities of the other party.

3 0
3 years ago
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