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Ratling [72]
3 years ago
14

What role does politics play in shaping fiscal and monetary policies?

Business
1 answer:
JulsSmile [24]3 years ago
4 0

Answer: Fiscal policies refer to government efforts to influence the economy through taxation without representation and spending decisions that are designed to encourage growth. Monetary policies refer to actions that shape the economy by influencing interest rates and the supply of money. Politics plays a role by making taxes higher and by influencing interest rates.

Explanation:

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Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage
grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = \frac{Cost-Residual Value}{Useful life}  

Annual straight line depreciation = \frac{400,000 - 10,000}{5}  

Annual straight line depreciation = \frac{390,000}{10}  

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Strategies on how businesses can cope with financial strain
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Which of the following statements is false regarding audit reporting?
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Answer:

None      

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