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qwelly [4]
3 years ago
9

Governments that centralize their risk financing activities should account for this activity in which type of fund?

Business
1 answer:
kari74 [83]3 years ago
7 0

Answer:

The correct answer is letter "D": Either the General Fund or Internal Service Fund is acceptable.

Explanation:

The General Fund is used by the government to record all the inflows and outflows of the transactions related to daily use expenditures and long-term operations. The agency that provides the resources is the Department of Treasury through loans receivable.  

The Internal Service Fund record all transactions derived from the expenditures in the use of goods or services among government departments and agencies on a cost-reimbursement basis.

Thus, when reporting governmental financial activities, the can be recorded in the General Fund or the Internal Service Fund.

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Explain how growing personal income is related to economic conditions.
NISA [10]

Answer:

see below

Explanation:

Personal income is the total earning an individual gets from wages, investments, bonuses, dividends, profits, or other ventures.  It is the sum of a household income. Personal income is calculated per period, usually one year.

Economic conditions refer to the prevailing state of a country or region's economy.  Economic conditions are ever-changing and are influenced by business cycles of expansions and contraction, government fiscal and monetary policies, macroeconomic factors, and global factors.  Governments and investor use indicators to tell the state of the economy

Economic conditions impact people's and business income. Government policies and global economics influence the level of economic activities. The expansion period has increased economic activities are leading to increased incomes. At contraction, business activities decline, resulting in reduced income.

7 0
2 years ago
Cominsky Company purchased a machine on July 1, 2021, for $28,000. Cominsky paid $200 in title fees and county property tax of $
sammy [17]

Answer:

Deprecation base=$26,300

Explanation:

Given Data:

Cost of machine=$28,000

Tax=$125

Fees=$200

Shipping charges=$500

Paid to contractor to build and wire a platform for the machine=$475

Salvage value=$3000

Useful life = 6 years

Required:

Depreciation base of Cominsky's new machine=?

Solution:

Deprecation base=Acquisition Cost-Salvage Value

Acquisition Cost:

It is the cost which involves the buying of asset and making the asset to work. In our case:

Acquisition Cost=Cost of machine+Tax+Fees+Shipping charges+Paid to contractor to build and wire a platform for the machine

Acquisition Cost=$28,000+$125+$200+$500+$475

Acquisition Cost=$29300

Deprecation base=Acquisition Cost-Salvage Value

Deprecation base=$29300-$3000

Deprecation base=$26,300

5 0
2 years ago
In the context of opportunity identification and selection, DuPont's discovery of Surlyn, a material with hundreds of potential
oksian1 [2.3K]

Answer: The correct answer is "B. A new resource".

Explanation: The discovery of Surlyn de DuPont, being a new material with multiple potential uses, which could be applied to the manufacture of many products would clearly fall under the category "a new resource".

5 0
3 years ago
Read 2 more answers
If a company adds 60 new workstations at a cost of $100,000 each and also spends $20 million for addition in its camera/drone as
vredina [299]

Answer:

$1,300,000

Explanation:

Given:

Number of workstation = 60

Cost of each workstation = $100,000

Additional Cost = 20,000,000

Computation of total cost:

= Total work station cost + Additional cost

= ($100,000 x 60) + $20,000,000

= $6,000,000 + $20,000,000

= $26,000,000

Assume Depreciation rate = 5%

Deprecation = Total Cost x Depreciation rate

= $26,000,000 x 5%

= $1,300,000

5 0
3 years ago
The government is required to provide legal counsel to all federal defendants who are unable to afford their own attorney. True
Yanka [14]

The Sixth Amendment guarantees the right of criminal suspects to have an attorney defend them in court. This right does not depend on the defendant's ability to pay attorneys' fees. If the defendant cannot afford one, the government must provide one.

An amendment is a formal or official change to a statute, treaty, constitution, or legal document. It is based on the verb 'change' which means 'to change for the better.

Changes may add, remove or update portions of this Agreement. They are often used when it is better to modify a document than to create a new one. Only legislative bodies are involved in the change process.

learn more about amendments here.   brainly.com/question/458137

#SPJ4

5 0
2 years ago
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