Answer:
D. The spoils system
Explanation:
In the spoils systems, government jobs were awarded to friends, relatives, and supporters of the winning polity party. After elections, politicians from the winning party would reward their supporters and friends with government jobs as a gift for their loyalty. Government employees would change after every election.
The civil service system came to replace the spoils system. Under the civil service system, civil servants are hired through a competitive selection process. The state and employ the workers, not the ruling administration. In the civil service system, civil servants continue working regardless of which political party wins elections.
Answer:
Tax per unit = $0.75
Explanation:
Given:
Buyers pay per unit = $2.50
Sellers receive per unit = $1.75
Equilibrium price = $2.00
Tax per unit = ?
Computation of tax per unit:
Tax per unit = Margin between Buyers pay and Sellers receive.
Tax per unit = Buyers pay per unit - Sellers receive per unit
Tax per unit = $2.50 - $1.75
Tax per unit = $0.75
By multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job. :) hope that helped
Answer:
Computation of cash received from the sale of the equipment:
D. $58,000.
Explanation:
Computation:
Sale of Equipment Account
Equipment account $240,000
less acc. depreciation 172,000
Net book value $68,000
less loss on sale 10,000
Cash received $58,000
Equipment Account
Year 1 balance $750,000
Year 2 balance 510,000
Sale of equipment $240,000
Accumulated Depreciation:
Year 1 balance $500,000
Year 2 balance 328,000
Sale of equipment $172,000
b) The sale of the equipment caused a loss of $10,000. The net book value of the equipment is $68,000. This implies that it was sold for $58,000 ($68,000 - $10,000). So, the cash received from the sale is $58,000.
Answer:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
Explanation:
In his traditional role Finance
Manager is responsible for
Select one:
a
Running the business smoothly
b
Proper utilisation of the funds
c
Arranmgement of financial
resources
d
Efficient management of cash
