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olga_2 [115]
3 years ago
15

Some economists suggest that the fed should follow an explicit rule or formula for monetary policy. for​ example, the rule would

specify how interest rates would change based on changes in real gdp and inflation. only with a fixed​ rule, these economists​ argue, would the public really understand the​ fed's future intentions for policy. because of the benefit of better public understanding and more transparency of the federal​ reserve, there do not appear to be any disadvantages of adopting an explicit rule or formula.
a. true
b. false
Business
1 answer:
Reil [10]3 years ago
3 0
The answer to this question is:
b.false
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The audit expectation gap occurs when there is a difference between the expectations of the ________. a. generally accepted acco
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Answer:

c. auditors and financial statement users.

Explanation:

This is because, the auditors and the financial statement users tends to have different views on what their responsibilities are. Since their views differs, their tend to be a gap which occurs. <em>This gap is called audit expectation gap. This could be minimized through self regulating auditing of the financial statement before the final auditing by auditors.</em>

6 0
3 years ago
Lane is considering a career as a public relations specialist in which he
Stels [109]

Answer:

0.73 or 73%

Explanation:

Return on investment (ROI) shows the benefit an investor receives in relation to their invested amount. It is expressed as a ratio or a percentage of the net income against the investment's cost.

It is calculated using the formula below.

ROI = returns( profits)/ cost of investments.

For Lena, the cost of investment is $52,000( cost of the degree). The returns for one are the earnings in the year, which is $38,000.

ROI= $38,000/ $52,000

ROI =0.73 or 73%

3 0
2 years ago
Markley Manufacturing calculated its predetermined overhead rate to be 120% of direct labor cost. During June, the company incur
Nana76 [90]

Answer:

Applied Manufacturing Overheads are $102,000

Overapplied Manufacturing overheads are $18,000

Explanation:

Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.

Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.

In this question the predetermined overhead rate is 120% of direct labor cost.

Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000

Actual overheads incurred = $84,000

Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000

3 0
3 years ago
What is Depreciating assets
schepotkina [342]
Depreciating Assets could be anything you own that is losing its value.  It could be in the form of stocks, valuables, a car, a house.
8 0
3 years ago
Read 2 more answers
During 2021, Blossom Company purchased the net assets of Ayayai Corporation for $2178000. On the date of the transaction, Ayayai
Evgesh-ka [11]

Answer:

When the purchase price is lower than the fair market value, accountants generally refer to this as negative goodwill. All negative goodwill must be reported as a gain.

the net fair market value of assets = $1,069,200 + $2,494,800 - $594,000 = $2,970,000

gain = fair market value - purchase price = $2,970,000 - $2,178,000 = $792,000

Another way to refer to this type of situation is a bargain purchase.

6 0
3 years ago
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