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storchak [24]
3 years ago
6

The state collects a gasoline tax that must be used to support highway construction and maintenance. The gasoline tax revenue sh

ould be accounted for in which of the following funds? General fund. Special revenue fund. Debt service fund. Internal service fund.
Business
1 answer:
gayaneshka [121]3 years ago
8 0

Answer:

Special revenue fund.

Explanation:

A special revenue fund is a government account created to collect money that is used for an specific purpose or project. The money collected by this type of account can only be used for the specific purpose for which it was established.

In this case, the revenue collected from the gasoline tax can only be used for highway construction and maintenance.

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Renee Warning has a life insurance policy where the payments to beneficiaries get smaller as time passes. What type of term life
Agata [3.3K]

Answer:

<em>Decreasing term insurance</em>

Explanation:

Decreasing term insurance <em>is renewable life insurance with a predetermined rate of  decline in coverage over the life of the policy</em>.  

Premiums are generally continuous throughout the agreement,  and <em>there are typically monthly or annual reductions in coverage</em>.  

The idea behind the insurance maintains that certain obligations and  the associated need for elevated insurance rates are declining with age.

7 0
3 years ago
Which situation best illustrates the effects of inflation?
Vlad1618 [11]

Answer: C: The cost of rice at a market rises by 20 percent over three years.

Explanation:

inflation is a measure of the rate of rising prices of goods and services in an economy.

7 0
3 years ago
BruceCo is planning on selling backpacks for $100 each. The company can buy the backpacks for $30.00 and have them customized fo
Evgen [1.6K]

Answer: BruceCo would have to sell 220 backpacks

Explanation: The projection of a $10,000 profit can be calculated properly by the equation;

Revenue - Cost = Profit

There is a one-time set up charge of 1000 and this is a fixed cost (as it does not change regardless of how many units they eventually sell). Also they would be spending $30 to buy each unit and still spend $20 to customize each. So each unit would cost $50 to acquire. If they plan on selling each unit at the rate of $100, then the total revenue would be 100 times X (where X is the number of units sold). Therefore the profit can be better projected by the equation;

Revenue - Cost = Profit

100X - (50X + 1000) = 10000

100X -50X - 1000 = 10000

50X = 10000 + 1000

50X = 11000

Divide both sides of the equation by 50

X = 220

Therefore, BruceCo must sell 220 units (at least) in order to meet a $10,000 profit projection

4 0
3 years ago
Which section of a research poster or paper allows other scientists to repeat an experiment?
Triss [41]
The <span> section of a research poster or paper that allows other scientists to repeat an experiment is: The method sections
In method sections, a researcher could write a thorough explanation on how he/she conducted the experiment. It's being done so the readers could check the validity of the results</span>
7 0
3 years ago
Cost of goods manufactured during the year is $240,000, and work in process inventory on December 31 is $50,000. Work in process
Zinaida [17]

Answer:

$165,000

Explanation:

The first step is to calculate the work in process inventory

= 50,000/40/100

= 50,000/0.4

= 125,000

Therefore the total manufacturing cost can be calculated as follows

= 240,000-125,000+50,000

= 115,000+50,000

= 165,000

Hence the total manufacturing costs is $165,000

8 0
3 years ago
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