Answer:
A) an inflationary bias to monetary policy.
Explanation:
Inflationary bias refers to a situation where monetary policy results in a higher inflation rate.
If the executive branch of the government was responsible for setting monetary policy, then they could be tempted to act according to electoral pressures like lowering unemployment rates or increasing the nominal growth of the GDP. The problem with this happening is that nothing is for free and if the monetary base is artificially increased for short term benefits, in the long run the whole economy will suffer due to higher inflation rates.
Answer:
Given that,
Desired balance in allowance account = $33,750 (Credit)
Current balance = $555 (Debit)
Adjustment for allowance accounts:
= Desired balance in allowance account - Current balance
= $33,750 - $555
= $33,195
Therefore, the journal entry is as follows:
Bad debt expense A/c Dr. $33,195
To Allowance for doubtful account $33,195
(To record the estimated bad debts expense)
There are several steps in a cost-benefit analysis including:
- Identifying outcomes
- Comparing costs
- Calculating costs
A cost benefit analysis allows one to weigh the benefits of an opportunity against its costs to see if the opportunity is worth it. It involves identifying the outcomes of the opportunity such as a success or failure.
One also has to calculate the various costs based on outcomes and then compare these costs to determine the best path forward.
In conclusion, a cost-benefit analysis has one identifying outcomes and calculating and comparing costs.
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Answer:
d. 90,000.
Explanation:
<em><u>Weighted average processing cost:</u></em>
completed during the period 80,000
complete portion of ending WIP
30,000 x 1/3 = 10,000
Total EU 90,000
<em><u>FIFO processing cost:</u></em>
80,000 completed
+ 10,000 ending WIP
<u><em>- 20,000</em></u><u> </u>x 1/5 previous production
86,000
as only W/A equivalent untis is possible to pick that should be the answer.