Answer:
A. Those responsible for complying with budgets must participate in budget preparation.
Explanation:
An important rule of budgeting is those responsible for complying with budgets must participate in budget preparation.
During communication between Herb and each of his teammates, there was some type of “blank space”. Herb was not communicating properly as a project manager should. His staff either did not understood what he was trying to say, missing information in his message, or did not communicated at all.
Alice- Encoding
Bob- Improper format for the message
Betty- Feedback
<span>Frank- Decoding/ Encoding</span>
Answer: Option B
Explanation: In simple words, spending multiplier refers to the effect that the spending from the govt have on an economy. As per this effect, if the govt. spends a little on the economy the multiplier effect will come into force and make a major impact on the organisation.
Government spending refers to the total outflow of resources made by the govt. for the betterment of economy. However the decrease in tax will not directly be considered an outflow but it surely does increase their revenue leading to more demand in the economy.
Hence from the above we can conclude that the correct option is B .
Boomer company purchased office equipment for $1,000 on december 5. the office equipment depreciated $30 during december. the adjusting entry should include a: Debit to Depreciation expense $ 30
Adjusting entries correct previously recorded journal entries, allowing revenue and costs to be recognized as they occur.
Assume, for example, Depreciation that you bill a customer for $1,000 in services in December. They then pay you in January or February, after the previous fiscal year has ended.
To begin, you record the cash in December as profit expected to be collected in the future in accounts receivable. Then, when the client pays in February, an adjustment entry must be made to record the receivable as cash.
This is referred to as an accrued revenue adjustment entry.
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Answer:
C. $1.24 million
Explanation:
Given that
Annualized interest compounded = 5%
For monthly, it would be = 5% ÷ 12 months = 0.4167%
Time = 235 years
For monthly, it would be = 235 years × 12 months = 2,820
Present value = $10
We know that
Future value = Present value × (1 + interest rate)^number of years
= $10 × (1 + 0.4167%)^2820
After solving this, the answer would be $1.24 million