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Irina18 [472]
4 years ago
14

what is interest on term deposit recieved. Do you record it in cash budget, is it cash receipt or payment?

Business
1 answer:
shutvik [7]4 years ago
8 0
Term deposits refer to cash held at any financial institution (i.e. bank). interest earned on that would be cash receipts
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Explain 4 disadvantages of state owned entreprises​
Ivanshal [37]

Answer:

State owned enterprises help the government to control certain strategic sectors of the economy,they provide very essential services to the people at cheaper and affordable rates,they protect the consumers from being exploited by private enterprises by offering them a cheaper and better alternative and Ensuring better public service

Explanation:

8 0
3 years ago
Sarah is tasked with analyzing financial records in order to find discrepancies, trends, as well as indicators of where efficien
lilavasa [31]

Answer:

The overview of the given scenario is described in the explanation segment below.

Explanation:

Sarah continues to hold her professional responsibilities at the top of the list as well as disclose the irregularities to that same management board and indeed the ethical approval was obtained if there are any.

<u>It includes fiduciary responsibilities such as:</u>

  • Care as well as diligence.
  • Fair faith, good faith.
  • Shouldn't use position incorrectly.
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If anomalies aren't reported, investors such as shareholders, managers, employees, business partners as well as federal departments will lose out as a result of this embezzlement and necessary false reporting.

7 0
3 years ago
Why would a good lawyer not tell a client how their case will come out at the initial consultation?
LenKa [72]

There are a few reasons why a good lawyer will not tell their client how their case will come out in the initial consultation.

The primary reason is that the lawyer is representing the client, but does not determine the outcome of a case. If it is a civil case the lawyer can negotiate a settlement with the other side, but it has to be agreed to by all of the parties involved.

If it is a criminal case or a civil case that goes to trial it will be decided by either a judge or a jury, but not the lawyer.

6 0
3 years ago
In a flexible budget, what will happen to fixed costs as the activity level increases?A. The fixed cost per unit will remain unc
spayn [35]

Answer:

D. Fixed cost per unit will decrease.

Explanation:

In a flexible budget, those expenses that do not change within a sales range appear primarily as fixed costs. One example is maintenance and cleaning. The costs that change significantly based on sales appear primarily as variable costs and show as percentages of sales.

3 0
3 years ago
Read 2 more answers
Due to customer no-shows, the Inn at Charlotte hotel is considering implementing overbooking. The Inn at Charlotte has 150 rooms
kirill [66]

Answer:

The unit=9

Explanation:

The Cost of underage Cu= price -cost =200-0 =200 ( as there is no variable cost of the unsold room)

Cost of overage Co= cost - salvage value = 0 -(-325) =325

Service level = Cu / Cu+Co = 200/ 325+200 = 0.3809

which corresponds to the z value of -0.3

the optimum overbooking = mean + z x SD

= 10+ 3 x (-0.3) =9

8 0
3 years ago
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