When a government agency is performing poorly,
No change will be implemented until a new administration is voted in.
Underperforming departments simply go out of business. She does not have the ability to raise additional funds on her own. The new administration can also take away the funds. The sector does not have the financial incentives to remain competitive in the market, so it is unlikely to be fixed
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The ability to self-correct is important for any organization. When a firm produces a product no one wants to buy, it will self-correct or go out of business. When a government agency is performing poorly,
Group of answer choices
Congress will act swiftly and put pressure on the agency to correct the problem quickly or risk losing funding.
More time is needed to self-correct due to the fact that the threat of going out of business is not high.
No change will be implemented until a new administration is voted in.
The agency is better able to correct the problem quickly, compared to businesses, since they have access to more resources and federal funding.
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Answer:
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
Explanation:
The Accounting equation for any entity is represented by the following equation:
Assets= Equity + Liability
When the entity receive any amount from customer in respect of the any credit sale made to him, the account receivable in the asset section will be decreased by the that amount and the cash section in the asset section will be increased by that amount.
In this case, Fitch supply services shall
Decrease the accounts receivable account in assets section of balance sheet by $1,000
Increase the cash account in assets section of balance sheet by $1,000
Answer:
Dr accounts payable $2,300
Cr cash $2300
Explanation:
Initially the cost of the purchases=$4600
Returning half of the disc means the left for the discs actually bought is half of the invoice price of $4600 i.e $2,300
By not paying within the discount period implies that the debt stands at $2,300
Without mincing words,payment of $2,300 to the supplier automatically translates to debiting account payable with $2,300 and crediting cash account with the same amount.
The correct answer would :
Dr accounts payable $2,300
Cr cash $2300
This is missing from the options provided.
If the statement above asks if the statement is true or false. The answer of it is true. It is organized like a pyramid because it has a benefit and is another way of organizing the bureaucracy in which it could be followed and labeled, in order for it to provide proper information and to be read clearly and in an organized way.