Answer:
The correct answer is option B.
Explanation:
The political business cycle can be defined as the fluctuations in the economy caused because of political activities. Often before elections, politicians enact expansionary policy to show economic growth to prove their competence.
But if used in excess these policies can be harmful to the long term growth of the economy. So after getting re-elected, politicians who are aware of the negative effects of these policies will reverse these policies and adopt a contractionary policy to reduce inflationary pressures.
Answer:
enforceable by Barry, the purchaser, and he can recover from the insurer if applicable.
Explanation:
GavelCo has violated a statute when it sold the insurance policy to Barry in Colorado. If due to this failing on the part of GavelCo Barry has an issue with the insurance coverage, he has a right to enforce the insurance contract on GavelCo.
If there is a coverage he is entitled to he can recover it from GavelCo.
Even when an insurer violates a statute when issuing insurance, the purchaser can still recover from the insurer.
<span>What happens if the amount of uncollectible account expense is overstated at year end? Net accounts receivable with be understated.
If one aspect of the expensive account is overstated the other will be understated typically to make up for the incorrect documentation of money somewhere. To find the net receivables you subtract the allowance for doubtful accounts from the gross amount of accounts receivable outstanding.
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Answer:
Cash disbursement= $49,420
Explanation:
Giving the following information:
Direct labor hours= 2,500 hours
The variable overhead rate is $4 per direct labor-hour.
The company's budgeted fixed manufacturing overhead is $43,090 per month, which includes depreciation of $3,670.
We need to calculate the cash disbursements, the depreciation expense does not represent a cash disbursement.
Cash disbursement= (43,090 - 3,670) + (2,500*4)= $49,420
Answer: Option A
Explanation: Vendor managed inventory refers to a framework in which the buyer let the vendor to take full responsibility to maintain the inventory level as per the buyer's consumption. Under this, the buyer provided the complete information to thew vendor.
Forward inventory placement refers to placing the inventory closer to the customer.
Hence from the above we can conclude that vendor management will bring the inventory closer to the customer.