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Archy [21]
3 years ago
10

In Wisconsin, the way the state has balanced its budget led to large protests. Certain interest groups claimed that they have bo

rne an unfair amount of the financial burden. These citizens are claiming the budget lacks ______, one of the criteria used to evaluate policies. Group of answer choices effectiveness equity efficiency administrative feasibility
Business
1 answer:
Leto [7]3 years ago
4 0

Answer:

<u>Equity</u>

Explanation:

Equity in a financial budget would refer to those financial policies relating to taxation of incomes and investments, spendings , etc which are formulated after taking into account the interests of all the sections of the society.

If a budget is favorable to the rich or to the poor, the budget is biased and unbalanced and thus lacks the essential criteria of equity which is justness and fairness to all.

In the given case, a certain section of the masses felt unfair amount of financial burden. Hence, as per the section, the budget is unfair or unequal i.e it burdens one section more than others.

You might be interested in
Identify the advantages and disadvantages of a command economy.
Ronch [10]
Good things
1. Government can control market failure
2. It help optimize social welfare
3. It prevents monopoly

Bad things
1. Lack of efficiency 
2. No rewards 

7 0
3 years ago
Over the years Rianna paid $65,000 in premiums on a life insurance policy with a face value of $100,000. Upon reaching 65, while
KatRina [158]

Answer:

$30,000 of taxable income

Explanation:

Given:

Total amount paid = $65,000

Face value of life insurance policy = $100,000

Surrender value receive = $95,000

Note: The amount received from the life insurance policy is non-taxable income but if any gain happens from the surrender of the policy, the amount of gain will be taxable.

Computation of Taxable income:

Taxable income = Surrender value receive - Total amount paid

Taxable income = $95,000 - $65,000

Taxable income = $30,000

5 0
4 years ago
Which of the following is a valid reason for governmental entities to engage in business-type activities?(A) The entity does not
Orlov [11]

Answer: Option D

     

Explanation: The prime objective of every government in the world is to develop their nation and make the life of their population better. The living standard of the population heavily depends on the basic necessities of life.

Therefore, sometimes government engage in business activities to provide individuals certain commodities at subsidized prices. Most of the government entities do not work for profit thus they are able to provide commodities cheaper than private sector.

Hence, from the above explanation we can conclude that option D is correct.

5 0
3 years ago
Frederick Group uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufactur
adoni [48]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the activities allocation rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Material handeling= 8,700/2,900= $3 per part

Machine setup= 4,650/15= $310 per setup

Insertion of parts= 49,300/2,900= $17 per part

Finishing= 75,600/1,800= $42 per direct labor hour

<u>Now, we can allocate overhead to Job 420:</u>

<u />

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Material handeling= 3*150= $450

Machine setup= 310*4= $1,240

Insertion of parts= 17*150= $2,550

Finishing= 42*120= $5,040

Total allocated costs= $9,280

<u>Finally, allocated costs to Job 510:</u>

Material handeling= 3*500= $1,500

Machine setup= 310*5= $1,550

Insertion of parts= 17*500= $8,500

Finishing= 42*320= $13,440

Total allocated costs= $24,990

6 0
3 years ago
Which of the following is not an example of a digital transaction?
gladu [14]
Pretty sure it’s B since Marcos is using cash
6 0
3 years ago
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