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sineoko [7]
3 years ago
10

In reviewing the accounting records of the transportation services fund, an internal service fund of douglas city, you notice th

at the fund uses budgetary accounts. this is most likely because
Business
1 answer:
zubka84 [21]3 years ago
5 0

The reason why the fund uses the budgetary accounts because it is most likely needed that the funding budget to be approved legally by the city council in order for the budget funds to be used by the members or people responsible of handling the budgets.

You might be interested in
U. s. treasury securities considered to be risk-free because they have minimal, if any, ____ risk.
zubka84 [21]

U. s. treasury securities are considered risk-free because they have minimal if any, default risk.

Given that the U.S. government stands behind them with its full faith and credit, Treasury securities are among the safest investments. According to the maturity period, Treasury securities are separated into three major groups:

  • Treasury Notes
  • Treasury Bonds
  • Treasury Bills

You can buy any of these Treasury securities directly from the US government, through a bank, or through a broker. Despite being low-risk, treasuries do have some risks, such as being affected by inflation and interest rate changes. Treasuries have low returns because they are a secure investment. Federal taxes must be paid on interest received on Treasury securities.

To know more about Treasury securities refer to:  brainly.com/question/15004124

#SPJ4

8 0
1 year ago
Frank Furter is driving his new Ford down Harbor Boulevard, when he breaks his tooth on a foreign object in a hotdog he is eatin
gulaghasi [49]

Answer:

Frank Furter can sue hot dog stand and tire manufacturer for breaking of his tooth.

Explanation:

Frank furter can sue the hot dog stand as it was the main cause of his accident. The car is designed for having a luxury driving experience but the accidents may happen any time and there should be suitable brake system which can stop the car immediately or in few seconds. The tire should not burst as this will enhance the damage in the accident.

4 0
3 years ago
Which of the following terms accurately describes functional strategies that are properly aligned, traceable to the business str
spayn [35]

Answer:

d. cross-functional strategies

Explanation:

In an organisation, for the proper running of all the departments or functions, proper communications and coordination is required. So implementing the cross-functional strategies can succeed when all the functional areas of the organisation are properly coordinated with each other. And by implementing  these strategies we can trace out the business strategy with supporting of all functional areas. These are useful to place all functional strategies properly.

Thus the answer is d. cross-functional strategies.

7 0
3 years ago
decides to use the needs approach to determine how much life insurance to buy. Her cash needs are $30,000; her income needs are
nadya68 [22]

Answer:

$130,000

Explanation:

For determining the additional life insurance required first we need to follow some steps which are shown below:-

Step 1

Total needs = Cash needs + Income needs + Special needs

= $30,000 + $140,000 + $100,000

= $270,000

Step 2

Total assets held = Bank accounts + Retirement plans + Investment accounts

= $20,000 + $30,000 + $40,000

= $90,000

Step 3

Total amount of life = $270,000 - $90,000

= $180,000

and finally

Additional life insurance required =

The Total amount of life - Life insurance provided by the employer

= $180,000 - $50,000

= $130,000

3 0
3 years ago
He georgetown, south carolina, traffic division reported 40% of high-speed chases involving automobiles result in a minor or maj
stellarik [79]

Answer: The probability that 25 or more out of 50 high speed chases result in minor or major accidents is 0.097807364  or 9.781%.

The rate of accidents at 0.40 is a constant rate, and hence we can use the binomial distribution to calculate the probability.

The formula for computing the probability with the binomial distribution is:

P(X=x) = _{n}C_{x}*p^{x}*q^{n-x}

where

N  is number of trials  = 50

p is probability of of a hit in a single trial. In this case, p = 0.40

q is probability of of a miss in a single trial. Now q = 1 - p; q = 1 - 0.4 = 0.6 for this question

x will take on the whole numbers from 25  and continue upto 50

The questions asks us to compute the probability that 25 or more chases will result in an accident.  

We express this as P( X≥ 25) mathematically.

We can also express P( X≥ 25)  as P (x=25) + P(x=26) + ................ + P(50) i.e the sum of all the individual probabilities when x assumes each of the values from 25 upto 50.

That's why x will take on each of the whole numbers from 25 to 50.

We can compute P( X=25) by substituting the values in the formula above.

P(X=25) = _{50}C_{25}*0.4^{25}*0.6^{50-25}

P(X=25) = \frac{n!}{x!*(n-x)!}*0.4^{25}*0.6^{50-25}

P(X=25) = \frac{50!}{25!*(50-25)!}*0.4^{25}*0.6^{50-25}

P(x=25) = 0.040463604

Similarly we need to compute the probabilities for x =26, 27 and so on until x =50. The sum total of all these probabilities the answer.

The workings have been made in excel and are attached to this answer as a picture.

4 0
3 years ago
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