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Yuri [45]
3 years ago
15

The appropriations account of a governmental fund is credited when the budgetary accounts are closed. the budget is recorded. su

pplies are purchased. expenditures are recorded.
Business
1 answer:
Studentka2010 [4]3 years ago
5 0
<span>Option B. The budget is registered. It is the status of a budget when an Asignaciones account is credited by closing the accounts of a government-type budget such as a government fund in which the budget must be registered.</span>
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A company begins operations in Year 1 and offers a one-year warranty on all products sold. Total appliance sales in Year 1 are $
Aleks04 [339]

Answer: See explanation

Explanation:

Based on the information given in the question, the balance in Warranty Liability at the end of Year 1 and Year 2 will be calculated thus:

Balance in Warranty Liability at the end of Year 1 will be:

= $1,600,000 × 2%

= $1,600,000 × 0.02

= $32,000

Balance in Warranty Liability at the end of Year 2 will be:

= $2,400,000 × 1.5%

= $2,400,000 × 0.015

= $36,000

6 0
3 years ago
Using SMART goal-Written criteria blank refers to asking how ?
Yakvenalex [24]

Answer:

A.measurable

Explanation:

Smart is an acronym Specific, Measurable, Achievable,

Realistic and Timely. These are attributes that guide how goals or objectives should be set.

The question of " how" is answered by the attribute 'measurable.'

In this criterion, measurable describes the specific criteria to be used and the ways of measuring progress toward accomplishing the goal. The path to achieving the objective must be meaningful and motivating.

6 0
2 years ago
Read 2 more answers
Types of Financial Assets Match the description of the security to the type of financial asset. A security that provides a payof
IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

6 0
3 years ago
Furnco sells secretarial chairs. Annual demand is normally distributed, with mean of 1,040 chairs and standard deviation of 50.9
kaheart [24]

Answer:

Reorder point is 40

Explanation:

Reorder point is the level of inventory which trigger the purchase of new inventory.

The formula for Reorder point is

Annual demand * Leadtime + Safety Stock

Reorder Point = 1040 / 365 * 14 days + 0

= 40.

The lost sales cost is $50 in goodwill, Furnco should keep a safety stock of at least 30 chairs in order to meet demand level.

7 0
2 years ago
Goodman Auto started the year with total assets of $300,000 and total liabilities of $175,000. During the year, the business rec
kow [346]

Answer:

The answer is $ 200,000

Explanation:

The net income reported by Goodman Auto for the year was,$475,000 - $275,000 = $ 200,000.

The net income is difference between revenue earned by the company and expenses incurred in order to earn this revenue. In the problem goodman auto revenue is equal to 475,000 and expense are 275,000. So the difference between 475,000 and 275,000 will be reported as net income.

5 0
3 years ago
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