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3 years ago

Zero-based budgeting assumes that all funding allocations must be justified from zero each year.

1 answer:

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True. Zero-based budgeting assumes that all funding allocations must be justified from zero each year. The goal in a zero-based budget is to have the income minus the expenses of the business equal zero.

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A common problem in surveying is to determine the altitudes of a series of points with respect to some reference point. The meas

iVinArrow [24]

Answer:

During light downpour or day off, teams can work; be that as it may, at whatever point the downpour or snow is influencing perceivability or there is lightning, a field group ought not be working.

Explanation:

A common problem in surveying is to determine the altitudes of a series of points with respect to some reference point.

The measurements are subject to error, so more observations are taken than are strictly necessary to determine the altitudes, and the resulting over determined system is solved in the least-squares sense to smooth out errors. 

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3 years ago

The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current projec

storchak [24]

Answer: template method

Explanation:

The bottom-up approach for estimating times and costs that uses costs from past projects that were similar to the current project is known as template method.

It should be noted that estimating time and cost are vital because it helps schedule work, develop needs of cash flow and show progress of a project.

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3 years ago

Indicate which of the following statements is true. a. Public transportation may be covered by an employer-provided spending acc

lukranit [14]

Answer:

B.Dependent care plans can only be used to cover the costs of caring for a dependent child

Explanation:

Dependent Care with the high cost of child care these days a Dependent Care Account makes it easy to save on taxes.

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3 years ago

services act as a middleman, allowing individuals to securely send and receive money. select all that apply. a. p2p b. b2b c. b2

k0ka [10]

Services act as a middleman, allowing individuals to securely send and receive money is A. p2p

<h3>How to illustrate the information?</h3>

It should be noted that p2p simply means the peer to peer platform that allows two individuals to be able to interact directly without the third party.

Peer-to-peer (P2P) lending eliminates the need for a middleman financial institution by allowing borrowers to get loans directly from other borrowers. P2P lending has become much more popular as a substitute for traditional funding thanks to websites that make it possible.

It should be noted that they act as services that act as a middleman, allowing individuals to securely send and receive money.

Therefore, the correct option is A.

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1 year ago

C.S. Sandhill Company had the following transactions involving notes payable. July 1, 2022 Borrows $62,000 from First National B

netineya [11]

Answer:

C.S. Sandhill Company

Journal Entries:

July 1, 2022

Debit Cash $62,000

Credit 9-month, 8% Notes Payable (First National Bank) $62,000

To record signing of a 9-month 8% notes payable for cash borrowed.

Nov. 1, 2022

Debit Cash $65,000

Credit 3-month, 6% Notes Payable (Lyon County State Bank) $65,000

To record the signing of a 3-month 6% notes payable for cash borrowed.

Dec. 31, 2022

Debit Interest Expense $3,130

Credit Interest Payable $3,130

To record interest expense for the two notes. See calculations below.

Feb. 1, 2023

Debit 3-month, 6% Notes Payable (Lyon County State Bank) $65,000

Debit Interest Payable $650

Debit Interest Expense $325

Credit Cash $65,975

To record the repayment of the notes payable with interest due.

Apr. 1, 2023

Debit 9-month, 8% Notes Payable (First National Bank) $62,000

Debit Interest Payable $2,480

Debit Interest Expense $1,240

Credit Cash $65,720

To record the repayment of the notes payable with interest due.

Explanation:

a) Data and Analysis:

July 1, 2022 Cash $62,000 9-month, 8% Notes Payable (First National Bank) $62,000

Nov. 1, 2022 Cash $65,000 3-month, 6% Notes Payable (Lyon County State Bank) $65,000

Dec. 31, 2022 Interest Expense $3,130 Interest Payable $3,130 ($62,000 * 8% * 6/12) + ($65,000 * 6% * 2/12)

Feb. 1, 2023 3-month, 6% Notes Payable (Lyon County State Bank) $65,000 Interest Payable $650 Interest Expense $325 Cash $65,975 (Interest expense = $325 ($65,000 * 6% * 1/12)

Apr. 1, 2023 9-month, 8% Notes Payable (First National Bank) $62,000 Interest Payable $2,480 Interest Expense $1,240 Cash $65,720 (Interest expense = $1,240 ($62,000 * 8% * 3/12)

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3 years ago