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vitfil [10]
3 years ago
12

Because the budget process in texas operates on a two-year cycle, texas legislators have adequate time to gather information, ca

refully analyze it, and craft a detailed and accurate state budget. true
Business
2 answers:
Andrew [12]3 years ago
5 0

<span>It is true. Texas legislators need adequate time to gather accurate  information and  carefully analyze the budget now that it is  operating in a two-year cycle</span>

<span>Texas lawmakers voted to approve the bill in 85th legislative session because time is running. Texas faces funding shortages due to slumping oil and gas revenues. And the state needs to the budget of  $217 billion in this tight economic times. </span>

Ede4ka [16]3 years ago
3 0

<u>This statement is false. The budget process in Texas operates on a two-year cycle, texas legislators have adequate time to gather information, carefully analyze it, and craft a detailed but not the accurate state budget.  </u>

Further Explanation:

Federal Budget:

The budget is the estimation of the future financial inflows and outflows of an entity. The federal budget is prepared by the government of the country. It is the estimation of the government’s spending and earning for a specific year. The earning of the government includes taxes such as income tax, customs duty, sin taxes, corporate tax, and other taxes. The major category of government spending is Medicare, social security, military spending, non-defense discretionary spending, and interest on the loans. So the federal budget in the future estimation of a country’s earning (Taxes) and spending (Public welfare services).

State Budget:

State budget refers to a type of budget in which all the expenditures and income concerned only with the state. The budget amount is spent only in a particular state. The budget is maintained on the basis of quarterly or yearly. The state budget of Texas is maintained for 2 yearly.

The statement regarding the budget process in Texas operating in two years, as they have adequate time to gather the information, carefully analyze it. But there is a lot of changes in the two years, so the state budget is inaccurate. That’s why this statement is false.  

Learn more:

1. Learn more about the goal of the budget

<u>brainly.com/question/1226004 </u>

2. Learn more about budgeting  

<u>brainly.com/question/1890422 </u>

3. Learn more about the federal reserve bank

<u>brainly.com/question/9417688 </u>

Answer details:

Grade: High School

Subject: Accounting

Chapter: Budgeting

Keywords:budget process, budgeting, Texas operates, Two-year cycle, Texas legislators, adequate time, gather information, carefully, analyze, craft, detailed, the accurate state budget.

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Determine the capitalized cost of a permanent roadside historical marker that has a first cost of $75,000 and a maintenance cost
densk [106]

Answer:

The capitalized cost is $ 84,667.20

Explanation:

First of all please note that the cost of $ 75,000 is already the present cost.

The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.

The capitalized cost then can be calculated as follows :

CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest

CC = $ 75,000 + $ 3,200(0.3021)/0.1

CC = $ 75,000 + $ 9,667.2

CC = $ 84,667.20

6 0
3 years ago
Select which of the ways that entrepreneurs improve the economy is being described:
8_murik_8 [283]

Answer: (B) Demand for products

Explanation:

 The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.

There are basically five factors which determine the demand of products function in an organization are as follows:

  • Income of the buyer
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Therefore, Option (B) is correct.

4 0
3 years ago
In 1895, the first putting green championship was held. the winner’s prize money was $190. in 2014, the winner’s check was $1,49
Ket [755]

Answer:

The interest rate is 7.83%

Explanation:

The winner price in the year 1895 = $190

The winner price in the year 2014 = $1490000

Time duration between, 2014 – 1895 = 119 years

Now we have to find the interest rate at which the winner price has been increased. Thus, use the below formula to find the interest rate.

Future value = present value (1+ r)^n

Future value = $1490000

Present value = $190

n = 119

Now insert the values in the formula.

1490000 = 190(1 + r)^119

1490000 / 190 = (1+r)^119

r = 0.07826 or 7.83%

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3 years ago
Tony is the owner of Tony’s Taqueria. Tony is a profit-maximizing owner whose firm operates in a competitive market. An addition
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Answer:

(c) $5

Explanation:

Remember, To calculate marginal cost, we divide the change in production costs by the change in quantity.

In this example, the change in production cost is $200 (for hiring an additional worker) while the change in quantity of taco is 40 (increase in marginal productivity).

The marginal cost= $200/40

we get $5 as the marginal cost.

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The three sorts of consent that an organization may get are as follows:

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To know more about laws and regulations important for employers, here

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