Construction expenditures should be debited when <u>D. The bill is approved for payment.</u>
<u>Explanation:</u>
In the above scenario, Acme Construction Co. submitted bill amount of $1,200,000 on a construction contract. The payment of the bill was approved on May 2. According to the contract, 10% was subject to retention.
This construction expenditure is debited when the bill is approved for payment. Contract includes all the details regarding payment and terms and conditions between the companies or parties.
Once the bill submitted by company is approved, then the retention amount will be automatically debited.
Answer: I. must establish an SEC-registered U.S. subsidiary.
III. can effect its business through another registered U.S. broker-dealer.
Explanation:
If a foreign broker-dealer that does not have U.S. based operations wishes to solicit customers in the United States, the broker-dealer must establish an SEC-registered U.S. subsidiary and can also effect its business through another registered U.S. broker-dealer.
True. You should consider the interest threshold while selecting a savings account.
Interest thresholds are the maximum amount that you can keep in your savings account, also referred to as the threshold limit. This means that it is important to choose an account that holds the threshold at an amount that is convenient and suitable to your needs.
The other criteria that need to be taken into account while choosing a savings account are:
- fees and penalties
- lowest balance
- interest rates and interest caps
- fluctuating interest rates
- (APY) annual percentage yield
- (APR)
Simple financial transactions are one benefit of a savings account, as well as interest payments, ATM and debit card services, chequebook and passbook services, net banking and mobile banking, and a minimum average balance.
Learn more about a savings account here: brainly.com/question/4089097
Answer:
d. declines continually as output increases.
Explanation:
Fixed costs remain constant throughout a period regardless of output level. Average fixed costs are obtained by dividing fixed costs by the total output. Because fixed costs do not change, average fixed costs will be influenced mostly by the production level.
A large output means that fixed costs will be spread in many units. The result is a reduction in average fixed costs. When the output is large, a firm enjoys economies of scale. A small output will result in high fixed average costs. A Fixed amount will be shared among a fewer number of units.
It is true that Erin has a diversified portfolio as he invest in different investment.
<h3>What is a Portfolio diversification?</h3>
This refers to investing of funds in different asset classes and securities in an attempt to minimize the risk of a portfolio.
Hence, It is true & yes that Erin has a diversified portfolio as he invest in different investment.
Read more about diversification
<em>brainly.com/question/417234</em>
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