A master budget schedules answer several key questions for a company. Thus the correct option is last.
<h3 /><h3>What is Master Budget?</h3>
A master budget is created by combining all of the smaller business budgets into one budget in order to provide a comprehensive insight into the company's financial position.
All other departments' budgets are combined into the master budget to create a single budget. It may be said that the master budget schedules provide answers to a number of issues connected to the many departments within an organization.
Therefore, the last option is appropriate.
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Answer:
Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign <u>PORTFOLIO INVESTMENT</u> in Argentina.
1. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries?
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a. Protecting property rights and enforce contracts
- b. Providing tax breaks and patents for firms that pursue research and development in health and sciences.
Both A and B are essential for increasing economic growth. E.g. if Coke was not able to keep its formula secret in certain country, it will not engage in business there. Investment in R&D is essential for future economic growth.
2. In less developed countries, what does the brain drain refer to?
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a. The emigration of highly skilled workers to rich countries
Brain drain refers to the immigration of highly skilled workers from poor countries into rich countries. E.g. a doctor moves from mexico to the US because he/she can earn a much higher salary. But at the same time, all the money and time spent educating the doctor is lost by Mexico and its economy.
Book value
Cost of an asset-accumulated dep
97,600−82,000=15,600
So
18,000−15,600=2,400
a gain of $2,400.
Hope it helps
Answer:
Decrease <u>Cash </u>and Increase <u>Expense</u>
Explanation:
Jackson Programming paid $500 as rent for the month of June.
The accounting equation is is the basis of the double entry accounting principle system. It is an equation that stipulates that the balance sheet must remain balanced meaning every entry on the debit should be followed with a corresponding credit. It also means for every decrease there should be a corresponding increase.
In Jackson Programming;
A decrease is recorded in CASH because cash was paid, while an increase is recorded in EXPENSE because there is a corresponding increase in rent expenses.
